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hi I'm uploadin,g a file containing my assignment question for which i want an appropriate and adequate answer which should be without plagiarism.

and please remember to include the abstract, introduction, proper headings and subheadings for the questions answered, conclusion and the most important thing the references for each answer which should be according to the APA style (American phsychology style). these things are not mentioned in the uploaded file but i want all thesethings to be included in the answer of the assignment

Term 1 ASSIGNMENT 1 2016 Foundations of Management Accounting ACCT20076 Instructions 1. Part A is worth 8 marks. Part B is worth 12 marks. Total marks for this assignment task is 20. 2. Write your answer clearly, use numbered headings or subheadings to show which part of your answer refers to which question. Example: Part A - Question 2 (a). 3. This assignment could either be hand-written or type-written and should be submitted with a cover sheet duly signed by all group members. 4. This assessment task will be assessed using the following assessment criteria: a. Communication: Theoretical answers contains an effective summation, free from grammatical and spelling errors and not a copy and paste from the textbook or study material provided. b. Calculations: Accurate calculations and in the prescribed format c. Interpretation: The answers are interpreted and analysed effectively and in line with calculations and the questions asked. _________________________________________________________ PART A 8 MARKS Question 1 What steps should a management accountant take if established written policies provide insufficient guidance on how to handle an ethical conflict? (3 Marks) Question 2 Distinguish between inventoriable costs and period costs? (5 Marks) Page 1 of 2 Term 1 ASSIGNMENT 1 2016 Foundations of Management Accounting ACCT20076 PART B 12 MARKS Question 1 Prepare an income statement and a supporting cost of goods manufactured and sold statement for Boston Manufacturing Corporation who has the following account balances: (7 marks) For a specific date (in millions) Direct materials inventory, Jan, 1, $30 2014 Work-in-process inventory, Jan, 1, 20 2014 Finished goods inventory, Jan, 1, 140 2014 Direct materials inventory, Dec, 40 31, 2014 Work-in-process inventory, Dec, 10 31, 2014 Finished goods inventory Dec, 31, 110 2014 For the year 2014 (in millions) Purchases of direct materials $650 Direct manufacturing labor Depreciation - plant equipment Plant supervisory salaries 200 and 100 Miscellaneous plant overhead Revenues Marketing, distribution, customer-service costs Plant supplies used Plant utilities Indirect manufacturing labor 160 70 1900 and 480 20 60 120 a. Would the sales manager's salary (included in marketing, distribution, and customer-service costs) be accounted for any differently if Boston Manufacuring Corporation were a merchandising-sector company instead of a manufacturing- sector company? Explain. (2 marks) b. Plant supervisory salaries are usually regarded as manufacturing overhead costs. When might some of these costs be regarded as direct manufacturing costs? Give an example. (3 marks) End Page 2 of 2

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