| Category | Assignment | Subject | Accounting |
|---|---|---|---|
| University | London South Bank University (LSBU) | Module Title | AFE_4_MAC Managerial Accounting |
| Word Count | 2,000 (+-10%) |
|---|---|
| Assessment Title | Coursework |
| Academic Year | 2025-26 |
This assignment is to be submitted electronically
1. This assignment must be submitted electronically by 2.00 pm on the submission date.
2. To submit electronically, you must upload your work to the e-submission area within the respective module on Moodle.
3. Multiple drafts can be submitted up to the submission date.
4. Please remember you must leave at least 24 hours between submissions if you make changes to your work. Each submission will overwrite the previous one until the due date and time have passed.
5. You are reminded of the University’s regulations on cheating and plagiarism. In submitting your assignment, you are acknowledging that you have read and understood these regulations.
6. You are reminded that it is your responsibility to keep an electronic copy of your assignment for future reference.
7. Your citation needs to follow the Harvard style referencing.
This Assignment was developed to assess the following Learning Outcomes:
Task 1.1: Discuss the need for overhead allocation and apportionment.
Prepare an overhead allocation and apportionment schedule clearly showing the basis of apportionment for each overhead, calculate the unit cost of production under the conventional costing method using the appendix data on the next page (40 marks)
15 narks available for correct calculation and 5 marks for a good, formatted presentation,
Task 1.2: The availability of computers and sophisticated financial software has made budgeting a routine process.
Required:
Marks for professionalism, and presentation (including the cover page, contents page, presentation, paragraphing, and punctuation, in-text citations, reference list)(10 Marks)
Your report must be supported by management accounting literature - you must therefore include references using the Harvard referencing standard.
Your Essay Must:
Show clear evidence of research through correctly citing various sources throughout the report and providing a complete set of references that follow the Harvard style of referencing.
Be completed, proofread, and submitted by the deadline via the link on the Moodle site.
|
% |
OVERALL DESCRIPTION |
GUIDELINE GRADE DESCRIPTIONS |
|
85-100 |
Outstanding |
Your work meets all of the criteria described below for the A and A- grades. On top of that, it shows that you have an impressive grasp of the skills and knowledge covered in this module. Your work is also consistently effective in analysing key concepts that we studied, and you draw on a comprehensive range of evidence, reflection and reasoned argument. Your work shows that you have followed good academic practice in terms of citation and referencing, presentation format and clear, accurate English. |
|
70-85
|
Excellent
Very Good |
Your work shows a detailed knowledge and understanding of the material covered in this module. You have taken a creative approach to the ideas and topics that we studied. Your work shows your ability to analyse ideas critically using evidence, reflection and reasoned argument based on the theories and principles that we covered. Your work shows that you are consistently able to identify and define problems and/or practical issues clearly and to choose appropriate methods to resolve them. Your work shows that you have followed good academic practice in terms of citation and referencing, presentation format and clear, accurate English.
|
|
60-69
|
Good |
Your work shows a good knowledge and understanding of the material covered in this module and you tackle a range of different ideas and/or contexts. Your work also shows that you are able to analyse ideas critically using the principles, theories and approaches that we covered in the module. Your work also shows that you are able to define problems and/or practical issues clearly and to choose appropriate methods to resolve them. Most of your work shows good academic practice in terms citation and referencing, presentation format and clear, accurate English. |
|
50-59
|
Satisfactory |
Your work shows some knowledge and understanding of the material covered in this module. Your work also shows that you are able to analyse material critically, but it does not always focus on key points. Your work shows that you have applied appropriate methods and tools to identify resolve the more straightforward problems and/or practical issues covered in the module. Your work follows good academic practice to some extent in terms of citation and referencing, presentation format and clear, accurate English. |
|
40-49
|
Unsatisfactory |
Your work shows that you have gained a basic knowledge and understanding of the material covered in this module. Your work tends to be descriptive, and your analysis is oversimplified. There is some evidence in your work that you have applied the methods and tools covered in the module appropriately to resolve straightforward problems and/or practical issues. Your work shows some evidence of good academic practice in terms of citation and referencing, presentation format and clear, accurate English, but this is not always consistent throughout.
|
|
35-39 |
Poor |
Your work shows only a limited knowledge and understanding of the material covered in this module. Your work is descriptive and shows little attempt to analyse ideas or arguments. You make some assertions without sufficient evidence to back up your arguments. Your work does not apply what we learnt appropriately to straightforward problems and/or practical issues. Your work has not followed good academic practice in terms of citation and referencing, presentation format, and clear, accurate English. |
|
34 and below |
Very Poor |
Your work shows little knowledge or understanding of the material covered in the module. Your work is descriptive and shows no attempt to analyse ideas or arguments. You make assertions without putting forward the evidence to back them up. Your work suggests that you have not understood the methods and tools covered in the module well enough to apply them to ideas or problems. Your work does not meet most of the Learning Outcomes for this module. Your work has not followed good academic practice in terms of citation and referencing, presentation format, and clear, accurate English. |
Task 1.1: Discuss the need for overhead allocation and apportionment.
Prepare an overhead allocation and apportionment schedule clearly showing the basis of apportionment for each overhead, calculate the unit cost of production under the conventional costing method using the appendix data on the next page (40 marks)
15 narks available for correct calculation and presentation
I expect students to:
Task 1.2: The availability of computers and sophisticated financial software has made budgeting a routine process.
Required:
Students to:
Critically discuss the relative merits of incremental budgeting and rolling budgeting, including suitability in a changing business environment and measuring performance in an organisation (30 marks)
Students to:
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