MAC2601 Principles of Management Accounting
University of South Africa
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MAC2601 SUMMARY STUDY NOTES 2022
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---89april 20222021/2022A+
- MAC2601 SUMMARY 
STUDY NOTES 2022. COST OBJECTS, CLASSIFICATION 
AND BEHAVIOUR 
Introduction 
Cost accounting - process and procedures used to obtain record and report cost data. 
Used with other accounting info by management when planning and controlling activities of 
the entity. 
Cost control - comparing the actual results with the expected results, determining the 
causes of deviations and making management decisions to ensure that planned results are 
achieved, or to amend the initial plan ...
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ExcelAcademia2026
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MAC2601 EXAM PACK (Past papers and Solutions) 2021.
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---131april 20222021/2022A+
- MAC2601 
EXAM PACK 
(Past papers 
and Solutions) 
 2021. MAC2601 - Principles Of Management Accounting.
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ExcelAcademia2026
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MAC2601 Assignment 2 Semester 1 & 2
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---14april 20222021/2022A+
- MAC2601 
Assignment 2 
Semester 1 & 2. Calculate total actual material costs, including total ordering and total carrying costs for 
the 2021 at EOQ. 

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ExcelAcademia2026
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MAC2601 Assignment 2 Semester 1 & 2
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---14april 20222021/2022A+
- MAC2601 Assignment 2 Semester 1 
& 2 
S - The study-notes marketplace 
QUESTION 1 
a) Calculate total actual material costs, including total ordering and total carrying costs for 
the 2021 at EOQ. 

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lectdenis
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MAC2601 EXAM PACK
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---88december 20212021/2022A+
- Contents 
MODULE NOTES ............................................................................................................................................ 2 
Past Exam papers ........................................................................................................................................ 58 
SOLUTIONS .................................................................................................................................................. 66 
Oct/Nov 2013 ....
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LOVELY01
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MAC2601 EXAM PACK.
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---129oktober 20212021/2022A+
- MAC2601 EXAM PACK. Principles Of Management Accounting. NATURE AND BEHAVIOUR OF COSTS 
(1) Manufacturing cost/ Production cost 
Manufacturing costs - costs incurred in the manufacturing process of a product. 
x Direct + Indirect cost = Manufacturing cost 
x Direct cost = Direct Material + Direct Labour 
x Total Direct cost = Prime cost 
x Conversion cost = Direct Labour + Manufacturing overheads 
x Indirect cost = Indirect material + Indirect Labour 
x Total Indirect cost = Overheads 
Direct cos...
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ExcelAcademia2026
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MAC2601 Assignment 1 Semester 1 & 2 2021
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---8oktober 20212021/2022A+
- 1. 2 Reference: Study guide 1 PG 6 
A cost object is any activity, unit or phenomenon for which cost can be accumulated 
and measured. 
The unit or activity may consist of a product unit, a batch of units, a job order, a contract 
or a project. It can also be a customer, geographical region, etcetera. In manufacturing 
organisations, the cost object will often be a product or products. To determine whether 
something is a cost object you need to ask the most fundamental question about cost: 
'...
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LOVELY01