QUESTION 1

Classify each cost item of Ripon
Printers into one of the business functions of the value chain, either :

(1) R&D, (2) design, (3)
production, (4) marketing, (5) distribution, or (6) customer service.

Item:

a.
cost of customer
order forms

b.
cost of paper
used in manufacture of books

c.
cost of paper
used in packing cartons to ship books

d.
cost of paper
used in display at national trade show

e.
depreciation of
trucks used to transport books to college bookstores

f.
cost of the wood
used to manufacture paper

g.
salary of the
scientists attempting to find another source of printing ink

h.
cost of defining
the book size so that a standard-sized box is filled to capacity

(4 marks)

QUESTION 2

List the
four standards of ethical conduct for management accountants.

For each
standard, give an example that demonstrates compliance with that standard.

(4 marks)

QUESTION 3

Generally, companies follow one of two broad strategies:
offering a quality product at a low price, or offering a unique product or
service priced higher than the competition.

Assume you are opening a small food outlet across the
street from your campus.

How might that business be operated under each of the two
broad strategies?

Consider the following specific operational areas:

o
target customers

o
products offered

o
product pricing

o
location choice

o
advertising content

o
advertising media

(6marks)

QUESTION 4

You have been
employed as an entry-level management accountant for a little under a year.

You suspect that
your immediate supervisor is involved in a significant fraud involving
diverting of company assets to personal use.

Briefly describe
the steps you might take to resolve this dilemma.

(10 marks)

QUESTION 5

The Wildcat Company has provided the
following information:

Using the high-low method and the
information provided above:

a)identify
the linear cost function equation and

b)estimate
the total cost at 36,000 units of output.

(6 marks)