CHINDWIN TU INTERNATIONAL COLLEGE

Assignment Front Sheet

Qualification Unit Code / Unit number and title

Pearson BTEC Level 5 Higher National Diploma in H/508/0489

Business (Business Management) Unit 5 Management Accounting
Student name / BTEC Registration Number Assessor name

Yin Yin Myint

Date issued Hand in deadline Submitted on

IV Name IV Date

Assignment title A1 of 2 Management Accounting Principles

In this assessment you will have opportunities to provide evidence against stated in the page 2.
Indicate the page numbers where the evidence can be found.

Submission Format:

The submission is in the form of an individual written report. This should be written in a concise,
formal business style using single spacing and font size 12 point Arial or Times New Roman script.
You are required to make use of headings, paragraphs and subsections as appropriate, and all work
must be supported with research and referenced using the Harvard referencing system. Your
assignment should be word-processed and should not exceed from 2,500 words in length although
you will not be penalised for exceeding the total word limit.

Student declaration

I certify that the work submitted for this assignment is my own. I have clearly referenced any sources
used in the work. I understand that false declaration is a form of malpractice.

Student signature: Date:

Unit-5 MA A1 Nov: 2020 CTU 1

 Learning Outcomes and Assessment Criteria

Learning Outcome Distinction Merit Pass

LO 1 Demonstrate an D1 Critically evaluates M 1 Evaluate the P1 Explain management
understanding of how management benefits of management accounting and give the
management accounting systems and accounting systems and essential requirements
accounting management their application within of different types of
System. accounting reporting is an organizational management accounting
integrated within context. systems.
organizational
processes. P2 Explain different
methods used for
management accounting
reporting

LO 2 Apply a range of D 2 Produce financial M 2 Accurately apply a P3 Calculate costs using

management reports that accurately range of management appropriate techniques
accounting techniques. apply and interpret data accounting techniques of cost analysis to
for complex business and produce appropriate prepare an income
activities. financial reporting statement using
documents. marginal and absorption
costs.

Unit-5 MA A1 Nov: 2020 CTU 2

Assignment Brief
Pearson BTEC Level 5 HND Diploma in Business (Business
Qualification
Management)
Unit number and title Unit 5 Management Accounting
Assessor name Yin Yin Myint
Date issued
Hand in deadline

Assignment title A1 of 2 Management Accounting Principles

Scenario

Toyota Motor Corporation is Japan's leading car maker. The company has international
existence in more than 170 countries across the globe. It manufactures a variety of
automobiles including cars, pickups, minivans and SUVs including models such as Camry,
Corolla, 4Runner, Land Cruiser, Sienna, the luxury Lexus line, and full-sized pickup trucks.
The Toyota has been a popular brand in Myanmar since long ago as imports of second hand
Toyotas have helped the brand take root.
Local car consumption rises sharply alongside the robust economic growth of Myanmar.
According to Toyota (Myanmar), the local demand for cars reached 18000 in 2018, indicating
an over 200 per cent rise when compared with the previous years. In addition, analysts see
the market shifting focus to new vehicles. So, Myanmar people will have a better and broader
choice in buying cars. They can use locally produced international standard cars, and the
country can extend car market. Moreover, locally produced cars will be cheaper than their
imported counterparts and emit less carbon dioxide when compared with the used cars.

Now, Toyota is building its first assembly plant in the Thilawa Special Economic Zone,
situated in the southern suburbs of Yangon city and preparing to start their operation to
provide products and services that continue to meet the needs of customers in Myanmar, and
develop human resources for manufacturing through local production, to contribute to the
development of industries in Myanmar. The factory of Toyota Myanmar Co. Ltd(TMY) will start
assembling 2500 Toyota Hilux cars per year under Semi Knocked-Down system in 2021.

In this development stage, all the persons who involved in managerial level are required to
have more knowledge about the importance of management accounting which can support
planning, decisions making, monitoring and controlling of their business operations. Director
of finance also intended to promote understanding of Management Accounting between
different departments in Toyota Myanmar Co. Ltd (TMY).

To fulfill these purpose, you are as an assistant management accountant and asked by your
finance manager to prepare a report covering the role and function of management accounts
department, the management accounting systems operating in the organisation as well as the
range of techniques used to record the product costs and profits for product.

The report includes:

1. An explanation of the management accounting and principles.
2. The role of management accounting and management accounting systems.
3. The use of techniques and methods used in management accounting by showing
calculations for the income statement using absorption and marginal costs.
4. Explanation of the different methods used for management accounting reporting and

Unit-5 MA A1 Nov: 2020 CTU 3

 how statements support business growth and success.
5. Evaluation of the benefits of management accounting systems and how management
accounting is integrated within the organisation.
6. Conclusions that critically reflect the application of management accounting.

Currently, Toyota Myanmar (TMY) Co. Ltd also start manufacturing and selling some spare
parts of Toyota Hilux. Expected Cost and revenue of the component part (LN30) are as
follows:

$
Per unit:
Sales price 20
Variable cost of production 6
Per month:
Fixed production overhead 5,000
Fixed selling and administration overhead 3,000

It is company’s policy to maintain a constant production output at the normal capacity of

1,000 units per month, despite fluctuations in monthly sales levels. Sales achieved for the
month of July to September 2020 were as follows:

units
July 900
August 700
September 1400

Produce a portfolio of completed calculations for income statements by using given

information.

Evidence Evidence
Summary of evidence required by student
checklist presented

A brief report including management accounting principles ,

Task -1 to 6 systems, and techniques to cover Learning outcome 1 and 2
requirements.

Unit-5 MA A1 Nov: 2020 CTU 4

PRESENTATION

1. The assignment should have a cover page that includes the assignment title, assignment
number, course title, module title, Lecturer/tutor name and student’s name. Attach all the
pages of assignment brief/achievement summary with your report and leave them blank for
official use.

2. Ensure that authenticity declaration has been signed.

3. This is an individual assignment.

4. Content sheet with a list of all headings and page numbers.

5. A fully typed up professionally presented report document. Use 12 point Arial or Times New
Roman script.

6. Your assignment should be word-processed and should not exceed from 2,500 words in
length.

7. Use the Harvard referencing system.

8. Exhibits/appendices are outside this limit.

9. The assignment should contain a list of any references used in the report.

NOTES TO STUDENTS FOR SUMMISSION

 Check carefully the submission date and the instructions given with the assignment. Late
assignments may not be accepted.
 Ensure that you give yourself enough time to complete the assignment by the due date.
 Do not leave things such as printing to the last minute – excuses of this nature will not be
accepted for failure to hand-in the work on time.
 You must take responsibility for managing your own time effectively.
 If you are unable to hand in your assignment on time and have valid reasons such as
illness, you may apply (in writing) for an extension.
 Failure to achieve a PASS grade will results in a REFERRAL grade being given.
 Take great care that if you use other people’s work or ideas in your assignment, you
properly reference them in your text and any bibliography.
 NOTE: If you are caught plagiarising, the College policies and procedures will apply.

Unit-5 MA A1 Nov: 2020 CTU 5

 Achievement Summary

Pearson BTEC Level 5 Higher

Assessor
Qualification National Diploma in Business Yin Yin Myint
name
(Business Management)
Unit Number
Unit 5: Management Accounting Student name
and title
Achieved?
(tick)
Grading Criteria
First
Rework IV
attempt
Demonstrate an understanding of management accounting
LO1
System.

D1 Critically evaluates how management accounting systems

and management accounting reporting is integrated within
organizational processes

M1 Evaluate the benefits of management accounting systems

and their application within an organizational context.

P2 Explain different methods used for management

accounting reporting

P1 Explain management accounting and give the essential

requirements of different types of management accounting
systems.

LO2 Apply a range of management accounting techniques.

D2 Produce financial reports that accurately apply and

interpret data for complex business activities

M2 Accurately apply a range of management accounting

techniques and produce appropriate financial reporting
documents.

P3 Calculate costs using appropriate techniques of cost

analysis to prepare an income statement using marginal
and absorption costs.

Unit-5 MA A1 Nov: 2020 CTU 6

Higher National Diploma - Summative Assignment Feedback Form
Student Name/ID Adithya Kumar

Unit Title Unit 5: Management Accounting

Assignment Number Assignment 1 Assessor Yin Yin Myint

Date Received
Submission Date
1st
submission
Re-submission Date Date Received Re-
submission

Assessor Feedback:

Signature: Date:

Resubmission Feedback:

Signature: Date:

Internal Verifier’s Comments:

Signature / Date:

Unit-5 MA A1 Nov: 2020 CTU 7