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enviromental management accounting

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA PM Exams › enviromental management accounting

  • This topic has 3 replies, 3 voices, and was last updated 14 years ago by John Moffat.
Viewing 4 posts - 1 through 4 (of 4 total)
  • Author
    Posts
  • May 27, 2011 at 1:14 am #48652
    suzlana
    Member
    • Topics: 2
    • Replies: 0
    • ☆

    I have notice that this topic is part of opentution’s study tips, can u post me any notes u have on enviromental management accounting. Thank you

    May 29, 2011 at 3:48 pm #82387
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    There is a chapter in the Course Notes – you can download them on this website.
    It will be writing (no calculation) and a maximum of 8 marks.

    May 30, 2011 at 9:33 pm #82388
    Anonymous
    Inactive
    • Topics: 0
    • Replies: 4
    • ☆

    Hi, there is an addition to the pricing section on the sylabus. Determine prices and output levels for profit maximisation using the demand based approach
    (both tabular and algebric methods)…can u help me here?? wat is the tabular and algebric approach??

    June 2, 2011 at 5:39 am #82389
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54699
    • ☆☆☆☆☆

    It is not knew to the syllabus – it was always there.
    It relates to the idea that a higher selling price means you sell less, and a lower selling price means you sell more.
    With the tabular approach you list all the selling prices (per unit), calculate the total profit, and then choose the price that gives the highest profit.
    With algebra you derive the equation relating the price to the demand, and then you find the price giving maximum profit by finding when marginal revenue = marginal cost. (There are formulae on the formula sheet). For a full explanation watch the lecture on this website.

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