MAC002 A Accounting Information Systems Assignment – Universal Business School Australia.

Subject Code & title : MAC002 A Accounting Information Systems
Assessment Type : Individual Assignment
Word Count : 500 words
Instructions For Students:
• Clearly write your name and when you submit your assignment.
• There is a word limit of 500 words including references.
• This assignment is 10 marks and worth 5%
MAC002 A Accounting Information Systems Assignment – Universal Business School Australia.

Learning Objectives:
• Describe the major business activities and related information processing operations performed in the
production cycle
• How a company’s cost accounting system can help achieve manufacturing goals
• Key decisions that must be made in production cycle and the information required to make those
decisions

Case study :
Discman Pty Ltd is local Australian company deals in manufacturing of automotive DVD system.The production cycle of the company generates the following three Key documents in product design and
Planning and schedule are mentioned as below:

MAC002 A Accounting Information Systems Assignment – Universal Business School Australia.

• Bill of Materials: list of components that are required to build each product, such as: descriptions,
product numbers, quantity
• Operations list: list the sequence of steps required to produce each product including equipment needed, the amount of time needed

• Master Production schedule. The schedule of entire production of the product line Below are the documents generated by Discman cost accounting system:

Bill of Materials :

MAC002 A Accounting Information Systems Assignment – Universal Business School Australia.

Required:
1) Please calculate how many side panels should the company budget for use in week two? Show your working.
2) How many labor hours should the company budget in week three to produce all side panels needed?
Round to the nearest hour, if necessary.