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A | 1.1 | Elements of Cost |
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| | -Explain the role of a cost/management accountant. |
| | -Describe and distinguish between cost centres and profit centres. |
| | -Describe and distinguish between non-controllable and controllable costs at various levels in an organisation. |
| | -Identify the various product cost elements (materials, labour and overheads) and distinguish between direct and indirect costs. |
| | -Calculate predetermined overhead recovery rates and identify methods of disposing of over/under applied overheads. |
| | -Calculate charge-out rates. |
| | -Prepare a statement of cost of goods manufactured. |
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A | 1.2 | Cost/Volume Profit Relationships |
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| | -Define and differentiate between fixed and variable costs. |
| | -Segregate mixed costs into their fixed and variable components using the \\
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