CIMA - C01 Fundamentals of Management Accounting: Study Text by BPP Learning Media

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There is a basic charge plus a charge per unit of consumption. (b) Sales representative's salary. The sales representative may earn a basic monthly amount of, say, $1,000 and then commission of 10% of the value of sales made. The behaviour of a semi-variable cost can be presented graphically as follows. 6 Cost behaviour and total and unit costs If the variable cost of producing a unit is $5 per unit then it will remain at that cost per unit no matter how many units are produced. However if the business's fixed costs are $5,000 then the fixed cost per unit will decrease the more units are produced: one unit will have fixed costs of $5,000 per unit; if 2,500 are produced the fixed cost per unit will be $2; if 5,000 are produced the fixed cost per unit will be only $1.

1: Introduction to management accounting and costing ⏐ Part A Cost determination and behaviour (b) Discretionary fixed costs, such as advertising and research and development costs, are incurred as a result of a top management decision, but could be raised or lowered at fairly short notice (irrespective of the actual volume of production and sales). 2 Controllability and dual responsibility Quite often a particular cost might be the responsibility of two or more managers. For example, raw materials costs might be the responsibility of the purchasing manager (prices) and the production manager (usage).

1: Introduction to management accounting and costing ⏐ Part A Cost determination and behaviour (b) Discretionary fixed costs, such as advertising and research and development costs, are incurred as a result of a top management decision, but could be raised or lowered at fairly short notice (irrespective of the actual volume of production and sales). 2 Controllability and dual responsibility Quite often a particular cost might be the responsibility of two or more managers. For example, raw materials costs might be the responsibility of the purchasing manager (prices) and the production manager (usage).

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