Please do not exceed the limit of 1500 words. Rubric is included in the instructions pdf.
1 MAA262 Management Accounting INDIVIDUAL ASSIGNMENT – PART I Instructions Due date: Online submission via CloudDeakin until Week 5 on Microsoft Word or Portable Document Format only. Penalties for late submission: The following marking penalties will apply if you submit an assessment task after the due date without an approved extension: 5% will be deducted from available marks for each day up to five days, and work that is submitted more than five days after the due date will not be marked. 'Day' means working day for paper submissions and calendar day for electronic submissions. The Unit Chair may refuse to accept a late submission where it is unreasonable or impracticable to assess the task after the due date. A brief description of the assessment task: To complete this part of your assignment you will need to have an understanding of topics 1-4. This assignment task will consolidate your understanding of some of the key concepts covered in this unit. Please submit your answers to the questions in the order they are presented, clearly identifying on the document which question is being addressed. Submission instructions: This assignment is to be submitted online only. The completed assignment must be submitted into the allocated area on CloudDeakin under the Dropbox folder on or before the due date. Once submitted, you cannot retract your assignment but you can submit another version. Note that only the most recent version submitted will be marked. You must keep a backup copy of every assignment you submit until the marked assignment has been returned to you. In the unlikely event that one of your assignments is misplaced, you will need to submit your backup copy. When you are required to submit an assignment through your CloudDeakin unit site, you will receive an email to your Deakin email address confirming that it has been submitted. You should check that you can see your assignment in the Submissions view of the Assignment Dropbox folder after uploading it, and check for, and keep, the email receipt for the submission. Plagiarism: You should answer the questions using your own words. If you use material or ideas from a third party source you must cite the reference in text and include the full details of the source in a reference list. Your assignment submission will be assessed through Turnitin. Assignments submitted with 50% or more on similarity index (orange or red colour) will not be marked. Note that Turnitin works in the assignment folder, and there is where you should submit your assignment. Do not submit your assignment somewhere else, because if you submit your assignment in another folder from another unit the document 2 will be stored in Turnitin memory, and I will receive a notice of 100% plagiarism. Hence, to avoid such hassle please submit your assignment in the assignment folder. Check Academic Integrity for more information regarding plagiarism and collusion: http://www.deakin.edu.au/students/studying/academic-integrity Detail of student output: Your response should respond to all questions. The word limit is 1,500 words (maximum) in total, and words limit includes headings, tables, references and appendices. Note that a contents page and cover page are not required. In regards to the formatting of the assignment, there is no specific requirement in regards to font, font size and line spacing. There is no minimum amount of words. Any word above the limit of 1,500 will be penalised by 1 mark for each additional word, thus 1,510 words have a 10 marks penalty, 1,520 words has a 20 marks penalty, and henceforth. Weight (% total mark for the unit): This assignment is marked out of 100 and is worth 15% of your final grade. The final examination is the only hurdle requirement for this unit. If you choose not to submit this assignment, you will score zero for this assignment. What will early feedback student get, how and when? Feedback will be provided via CloudDeakin in week 7. Referencing style: Use the Harvard style of referencing. More information regarding referencing styles at https://www.deakin.edu.au/students/studying/study-support/referencing Researching for your assignment: There is no such a thing as a minimum or maximum amount of references to be used in this assignment, and references should be used only when required. If a question requires research for answering, check the guidelines available on the academic skills study support page: http://www.deakin.edu.au/students/studying/study-support/academic-skills Unit Learning Outcomes assessed: • ULO3: Prepare and explain alternate product costing. • ULO6: Demonstrate a student-oriented approach to learning. Deakin Graduate Learning Outcomes assessed: • GLO2: Communication. • GLO5: Problem-solving. Queries: Please peruse the discussion forum as you may find the information you are looking for. If you are unable to find the information regarding the individual assignment you are looking for, please contact the teaching team preferably using the discussion forum on CloudDeakin or via email. http://www.deakin.edu.au/students/studying/academic-integrity https://www.deakin.edu.au/students/studying/study-support/referencing http://www.deakin.edu.au/students/studying/study-support/academic-skills 3 Rubric Criteria N N P C D HD 0 3 6 7 8 10 Q1 Not able to list the ethical standards or justify why these standards are being jeopardized. Not correctly list the ethical standards or justify why these standards are being jeopardized. List some of the ethical standards or justify why these standards are being jeopardized. List the ethical standards and partially justify why these standards are being jeopardized. List the ethical standards and justify why these standards are being jeopardized. Clearly and succinctly list the ethical standards and justify why these standards are being jeopardized. 0 1 2 3 3 4 Q2.1 Not able to classify the activities. Not able classify correctly most of the activities among the four types of quality costs. Classify correctly most of the activities among the four types of quality costs. Classify correctly a substantial part of activities among the four types of quality costs. Classify correctly the majority of activities among the four types of quality costs. Classify correctly all 8 activities among the four types of quality costs. 0 2 3 4 5 6 Q2.2 Not able to explain the behaviour between the four types of quality costs and what has changed throughout the years. Not able to properly explain the behaviour between the four types of quality costs and what has changed throughout the years. Partially explain the behaviour between the four types of quality costs and what has changed throughout the years. Explain most of the behaviour between the four types of quality costs and what has changed throughout the years. Explain the behaviour between the four types of quality costs and what has changed throughout the years. Clearly and succinctly explain the behaviour between the four types of quality costs and what has changed throughout the years. 0 2 3 4 5 6 Q3.1 Not able to explain the differing points of view of quality costs. Not able to properly explain the differing points of view of quality costs. Partially explain the differing points of view of quality costs. Explain most of the differing points of view of quality costs. Explain the differing points of view of quality costs. Clearly and succinctly explain the differing points of view of quality costs. 0 2 3 4 5 6 4 Criteria N N P C D HD Q3.2 Not able to explain what is expected in the next year considering two different scenarios. Not able to properly explain what is expected in the next year considering two different scenarios. Partially explain what is expected in the next year considering two different scenarios. Explain most of what is expected in the next year considering two different scenarios. Explain what is expected in the next year considering two different scenarios. Clearly and succinctly explain what is expected in the next year considering two different scenarios. 0 2 3 4 5 6 Q4.1 Not able to estimate the variable and the fixed portions of the delivery expense. Not able to properly estimate the variable and the fixed portions of the delivery expense. Partially estimate the variable and the fixed portions of the delivery expense. Estimate most of some part of the delivery expense. Estimate correctly most of the variable and the fixed portions of the delivery expense. Estimate the variable and the fixed portions of the delivery expense. 0 2 3 4 5 6 Q4.2 Not able to explain why the estimated expenses do not exactly match all actual expenses. Not able to properly explain why the estimated expenses do not exactly match all actual expenses. Partially explain why the estimated expenses do not exactly match all actual expenses. Explain most of why the estimated expenses do not exactly match all actual expenses. Explain why the estimated expenses do not exactly match all actual expenses. Clearly and succinctly explain why the estimated expenses do not exactly match all actual expenses. 0 5 11 13 14 20 Q5.1-4 Not able to calculate the predetermined overhead rates used for welding and assembly, the total overhead cost applied to Job 262, the total manufacturing cost recorded for Job 262, and unit product cost. Not able to properly calculate the predetermined overhead rates used for welding and assembly, the total overhead cost applied to Job 262, the total manufacturing cost recorded for Job 262, and unit product cost. Partially calculate the predetermined overhead rates used for welding and assembly, the total