Management Accounting
ACC2110 Management Accounting
Assessment 2 – Trimester 2, 2021
Assessment Type: Individual
Weighting: 30%
Learning Outcomes Assessed: ULO 3, 4 and 5
Word Limit: 3,000 words
Due Date: 8 October 2021 (Friday) 11:59 pm (AEDT)
All submissions must be submitted with a signed Ozford Institute of Higher Education Cover
Sheet via Moodle. Late submissions will attract a penalty of 5% of the assessment weighting
for each calendar day late unless an extension is granted by the lecturer.
Background
You are recently employed as a graduate consultant in a management consultancy firm and are
assigned to a team. One of your firm’s clients is currently evaluating its costing system. The
CEO of your client had recently attended a seminar on Activity-Based Costing (ABC) in
private companies and would like to know whether ABC is suitable to the company. Your
manager has asked your team to prepare a report for the client.
Requirements
Your group is required to prepare a report to comment on the suitability of ABC for a company
of your group’s choice (your firm’s client). The report should cover the followings:
a) A description of your firm’s client, including the background of the company, the main
industry which the company is operating at, and its major competitors. (6 marks)
b) A discussion of the ABC and its features. (7 marks)
c) A discussion of how ABC is different from job-order costing and process costing systems.
(6 marks)
d) A discussion on whether the ABC is suitable to your firm’s client. (8 marks)
Report Structure
The report should consist of the following components:
1) Introduction
2) Main body – The main body should address the above requirements.
3) Conclusion
4) Reference List – All references cited in the main body must be included in the reference
list. References from Wikipedia should not be used.
Marking Rubric
Criteria High Distinction Distinction Credit Pass Fail
80-100% 70-79% 60-69% 50-59% 0-49%
A description of your firm’s
client
/ 6
A description that
provides an excellent
coverage of the
company’s background,
main industry and major
competitors.
A description that provides
a very good coverage of
the company’s
background, main industry
and major competitors.
A description that
provides a good
coverage of the
company’s background,
main industry and major
competitors.
A description that
provides a reasonable
coverage of the
company’s background,
main industry and major
competitors.
Unable to provide
proper description that
covers the company’s
background, main
industry and major
competitors.
A discussion of the ABC and
its features
/ 7
An excellent discussion
of the ABC and its
features.
A very good discussion of
the ABC and its features.
A good discussion of the
ABC and its features.
A reasonable discussion
of the ABC and its
features.
Unable to present a
proper discussion of
the ABC and its
features.
A discussion of how ABC is
different from job-order
costing and process costing
systems
/ 6
An excellent discussion
of the difference between
ABC, job-order costing
and process costing.
A very good discussion of
the difference between
ABC, job-order costing
and process costing.
A good discussion of the
difference between ABC,
job-order costing and
process costing.
A reasonable discussion
of the difference between
ABC, job-order costing
and process costing.
Unable to present a
proper discussion of
the difference between
ABC, job-order
costing and process
costing.
A discussion on whether the
ABC is suitable to your
firm’s client
/ 8
An excellent discussion
of the suitability of ABC
to the company with
strong and convincing
arguments.
A very good discussion of
the suitability of ABC to
the company convincing
arguments.
A good discussion of the
suitability of ABC to the
company with
reasonably strong
arguments.
A reasonable discussion
of the suitability of ABC
to the company with
logical arguments.
Unable to present a
proper discussion of
the suitability of ABC
to the company.
Structure and presentation
/ 3
Comprehensive
introduction, body and
conclusion; the structure
of the main body is
complete; all references
are properly cited and
provided in the reference
list.
Very good introduction,
body and conclusion; the
structure of the main body
is complete; almost all
references are properly
cited and provided in the
reference list.
Good introduction, body
and conclusion; the
structure of the main
body is almost complete;
most references are
properly cited and
provided in the reference
list.
Basic introduction, body
and conclusion; structure
of the main body
somewhat complete; the
majority of references
are properly cited and
provided in the reference
list.
Poor introduction,
body and conclusion;
structure of the main
body incomplete;
most references are
not properly cited and
provided in the
reference list.
Total Marks / 30 Final Comments:
