Posted: May 1st, 2022

Module code: LCBB5002 Contribution to Overall Module Assessment

Web page 1 of 10

APPENDIX GA36b
LEVEL 5 ASSESSMENT SPECIFICATION
Programme: BA Enterprise Administration
Module: Administration Accounting
Module code: LCBB5002 Contribution to
Overall Module
Assessment (%):
70%
Lecturer: Riaz Bhatti
Zainab Atta
Inside Verifier: Widin Sha’ven
Task Title: Task 2 Report Phrase rely (or
equal):
2500
Submission
deadline:
To be introduced by the
Assessment workforce Please refer to the assessments
schedule revealed on
College students’ Corridor in Moodle
Return date of
provisional marks
& written suggestions:
20 working days
after submission
deadline
Submission
methodology:
All written assessments, the place sensible and potential, should be submitted by way of
Turnitin until in any other case instructed by the Lecturer. (Please DO NOT put this
Assessment specification into Turnitin or it is going to match many similarities with
different college students’ submissions.)
Different submission methodology (if relevant):
Late submission of the Assessment will end in a late penalty mark.
Penalties for late submission: Up to one week late, most mark of 40%.
Over one week late, Zero%. Solely the Extenuating Circumstances Panel might
approve a change to submission dates.
Tutorial
honesty /
referencing:
Tutorial honesty is required. In the primary physique of your submission you could
give credit score to authors on whose analysis and concepts your work relies. Append
to your submission a reference listing that signifies the books, articles, and so on. that
you have got used, cited or quoted so as to full this Assessment.
Web page 2 of 10
Module Studying Outcomes
(from module syllabus)
• Put together management experiences which present authentic, flexed and precise budgets
• Calculate key variances.
• Consider selections utilizing related costing
• Reveal choice making skills underneath danger.
TASK DESCRIPTION
Amana Ltd is a family-owned vacationer enterprise situated in England which sells souvenirs to vacationers. They’ve a number of
places in vacationer hotspots throughout England particularly Brighton, London bridge, Westminster bridge, Buckingham Palace,
Birmingham metropolis centre and Manchester metropolis centre. Souvenirs are produced by a Chinese language producer particularly
in accordance to designs made by the Amana workforce.
They’ve been working a profitable enterprise for 40 years and have come to perceive the dynamic nature of the
tourism trade. Lately, the Covid-19 pandemic broke out in England main the federal government to impose restrictions
on motion and journey which severely impacted the tourism trade. Amana’s income took an enormous hit in April 2020 as
vacationers couldn’t journey for the Easter holidays, gross sales picked up barely in the summertime of 2020; nevertheless, the extended
lock down between December 2020 and February 2021 depleted any further income that had been made within the
summer time.
Up to now, Amana ltd has solely traded inside bodily shops with a functioning web site serving as a channel for
advertising and marketing their enterprise. Mr Amana, the proprietor of the enterprise has employed you as a supervisor and offered a value break
down of their merchandise.
Authentic funds (£) Precise (£)
Models 100,000 80,000
Promoting worth 25 20
Variable prices:
Supplies 2.50 280,000
Labour four 440,000
Overhead 1.50 120,000
Contribution 17 760,000
Mounted overheads:
Warehouse rental 200,000 170,000
Insurance coverage 100,000 100,000
Fulltime warehouse supervisor wage 50,000 35,000
*Figures are based mostly on common estimates incurred in producing a mixture of souvenirs.
Required:
(i) Put together the month-to-month management report displaying authentic funds, flexed funds, and variances. (25 marks)
(ii) Utilizing your management report ready in (i) above, put together a report on Amana’s efficiency through the yr
2020. (20 marks)
(iii) Present suggestions to Amana’s CEO on areas of enchancment. (15 marks)
(1500 phrases, TOTAL = 60 marks)
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PART B
Mr Amana has seen that a number of his rivals now promote on-line to clients within the UK, Europe and US. He has been
contemplating closing the Brighton, Birmingham metropolis centre and Manchester metropolis centre branches so as to streamline
the enterprise actions and transfer 50% of their gross sales on-line. A number of components have to be considered when
making this choice.
i) Price of organising supply community – £150,000
ii) Price of upgrading present web site to deal with giant quantity of gross sales – £50,000
iii) Wage of a fulltime IT programmer – £35,000 each year
iv) Based mostly on market analysis, there could be assured gross sales of 100,000 models yearly
The enterprise additionally has the choice of promoting their merchandise immediately on Amazon and would have to take the next
components into consideration when making this choice.
i) Amazon fulfilment charges – £50,000
ii) Excessive ranges of competitors between Amana souvenirs and different sellers on these platforms – Assured gross sales of
65,000 models on Amazon yearly with the potential to improve relying on demand.
iii) Lack of management over pricing and return coverage.
Required:
In your report, present an Assessment of Mr Amana’s choice to go browsing and advise if they need to arrange their very own on-line
store or promote on Amazon. It’s best to consider all of the related prices. (1000 phrases, TOTAL = 40 marks)
ALL QUESTIONS SHOULD BE ATTEMPTED
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GUIDANCE FOR STUDENTS IN THE COMPLETION OF
TASKS
NOTE: The steering supplied under is linked to the 5 generic Assessment standards overleaf.
1. Engagement with Literature Expertise
Your work should be knowledgeable and supported by scholarly materials that’s related to and centered on the duty(s)
set. It’s best to present proof that you’ve got accessed an applicable vary of sources, which can be
educational, governmental and industrial; these sources might embrace educational journal articles, textbooks,
present information articles, organisational paperwork, and web sites. It’s best to think about the credibility of your
sources; educational journals are usually extremely credible sources whereas web sites require cautious
consideration/choice and needs to be used sparingly. Any sources you employ needs to be present and up-to date, largely revealed throughout the final 5 years or so, although seminal/necessary works within the discipline could also be
older. You should present proof of your analysis/personal studying all through your work, utilizing an appropriate
referencing system, together with in-text citations in the primary physique of your work and a reference listing on the finish of
your work.
Steerage particular to this Assessment: Particular to this task: At the least 12 references want to be cited
2. Information and Understanding Expertise
At stage 5, you need to be ready to reveal: sound data and important understanding of the properly established ideas and ideas of the topic space and the best way wherein these ideas have
developed; data of the primary strategies of enquiry within the self-discipline. Information relates to the information,
data and expertise you have got acquired by your studying. You reveal your understanding by
deciphering the that means of the information and data (data). Which means that you want to choose and
embrace in your work the ideas, strategies, fashions, theories, and so on. applicable to the duty(s) set. You
ought to have the option to clarify the theories, ideas, and so on. meaningfully to present your understanding. Your
mark/grade may also rely upon the extent to which you reveal your data and understanding.
Steerage particular to this Assessment: A radical and detailed understanding budgeting and variance in
assessing efficiency and choice making
three. Calculation
Your work should comprise clear calculations utilizing skilled structure and headings the place related. Instructions
for variances needs to be clearly indicated as both beneficial or unfavourable.
Steerage particular to this Assessment: A management report needs to be ready clearly displaying the
authentic funds, flexed funds, precise funds and variances
four. Sensible Expertise
At stage 5, you need to be ready to use/deploy a variety of established strategies throughout the self-discipline, and apply
underlying ideas and ideas outdoors the context wherein they have been first studied, together with, the place
applicable, the appliance of these ideas in an employment context. You have to be ready to reveal
how the subject-related ideas and concepts relate to actual world conditions and/or a specific context. How
do they work in apply? You’ll deploy fashions, strategies, strategies, and/or theories, in that context, to
assess present conditions, maybe to formulate plans or options to clear up issues, or to create artefacts,
a few of which can be inventive. That is probably to contain, as an illustration, using actual world artefacts, examples
and instances, the appliance of a mannequin inside an organisation and/or benchmarking one concept or organisation
towards others based mostly on acknowledged standards. It’s best to present consciousness of the constraints of ideas and
theories when utilized particularly contexts.
Steerage particular to this Assessment: The sensible utility of budgeting, variances and related
costing in assessing enterprise efficiency and choice making particularly with reference to the
present world pandemic.
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5. Transferable Expertise for Life and Skilled Observe
Your work should present proof of the qualities and transferable expertise mandatory for employment requiring
the train of private duty and decision-making. This consists of demonstrating: skilled
improvement to advance present expertise and purchase new competences that may allow you to assume
vital duty inside organisations; that you would be able to provoke and full duties and procedures,
whether or not individually and/or collaboratively; that you should utilize applicable media to successfully talk
data, arguments and Assessment in quite a lot of types to specialist and non-specialist audiences; fluency
of expression; readability and effectiveness in presentation and organisation. Work needs to be coherent and properly structured in presentation and organisation.
Steerage particular to this Assessment: A report is required, 2,500 phrases, with applicable referencing and
headings.
Web page 6 of 10
STUDENT FEEDBACK FORM
This part particulars the extent to which the Assessment standards are demonstrated by you, which in flip determines your
mark. The marks accessible for every class of ability are proven. Lecturers will use the area offered to touch upon
the achievement of the duty(s), together with these areas wherein you have got carried out properly and areas that will profit
from improvement/enchancment.
Generic Assessment Standards
Marks
accessible
Marks
awarded
1. Engagement with Literature Expertise
. 15
Extent of analysis and/or personal studying, collection of credible sources, utility of applicable
referencing conventions
2. Information and Understanding Expertise 20
Extent of information and understanding of ideas and underlying ideas related to
the self-discipline.
three. Calculations 25
Readability and accuracy of calculations. Use of professional and well-structured structure.
four. Sensible Utility Expertise 25
Deployment of strategies, supplies, instruments and strategies; utility of ideas; formulation of
progressive and artistic options to clear up issues.
5. Transferable Expertise for Life and Skilled Observe 15
Attributes in skilled apply: particular person and collaborative working; deployment of
applicable media; presentation and organisation.
Assessment Mark (Assessment marks are topic to ratification on the
Examination Board. These feedback and marks are to give suggestions on module work
and are for steering solely till they’re confirmed. )
Late Submission Penalties (tick if
applicable)
Up to 1 week late (40% Max) %
Over 1 week late (Zero%)
GENERIC ASSESSMENT CRITERIA
Stage 5
In accordance with the Framework for Larger Training Qualifications, on the finish of Stage 5 college students shall be anticipated to have developed sound data
and important understanding of the well-established ideas and ideas of their discipline of examine, and of the best way wherein these ideas have developed.
They may have discovered to apply these ideas and ideas extra extensively outdoors the context wherein they have been first studied, together with, the place applicable,
the appliance of these ideas in an employment context. They may have data of the primary strategies of enquiry within the topic space, and talent to
consider critically completely different approaches to drawback fixing. They may possess an understanding of the bounds of their data, and the way this influences their
analyses and interpretations. They are going to be ready to use a variety of established strategies to provoke and undertake important Assessment of data, and to
suggest options to issues arising from that Assessment. They are going to be ready to successfully talk data, arguments and Assessment in quite a lot of
types to specialist and non-specialist audiences, and deploy key strategies of the self-discipline successfully. They are going to be ready to undertake additional coaching,
develop present expertise and purchase new competences that may allow them to assume vital duty inside organisations. They may have the
qualities and transferable expertise mandatory for employment requiring the train of private duty and decision-making.
Stage 5 FAIL MARGINAL FAIL SATISFACTORY
(third / Go)
GOOD
(2.2 / Go)
VERY GOOD
(2.1 / Benefit)
EXCELLENT
(1st / Distinction)
EXCEPTIONAL
(1st / Distinction)
Class Zero-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
Engagement
with literature
(together with
studying,
referencing,
educational
conventions and
educational
honesty)
Little or no
proof of
studying and/or
reliance on
inappropriate
sources.
Views and
findings largely
unsupported and
non authoritative.
Referencing
conventions
used
incoherently or
largely absent.
Poor
engagement
with important
studying. No
proof of
wider studying.
Reliance on
inappropriate
sources, and/or
indiscriminate
use of sources.
Closely reliant
on data
gained by
class contact.
Inconsistent and
weak use of
referencing.
Engagement
with a restricted
vary of largely
related and
credible sources.
Some omissions
and minor
errors.
Referencing
conventions
evident although
not at all times
utilized
precisely or
constantly.
Engagement
with an
applicable
vary of
literature,
together with
sources
retrieved
independently.
Some over reliance on texts.
Referencing might
present minor
inaccuracies or
inconsistencies.
Engagement
with a large
vary of
literature,
together with
sources
retrieved
independently.
Number of
related and
credible sources.
Excellent use of
referencing, with
no/only a few
inaccuracies or
inconsistencies.
Engagement
with an
in depth vary
of related and
credible
literature.
Persistently
correct
utility of
referencing.
Distinctive
engagement
with an
in depth vary
of related and
credible
literature. Excessive stage referencing
expertise
constantly
utilized.
Information
and
understanding
(Sound
data and
important
Main gaps in
data with
unsatisfactory,
uncritical
understanding of
the topic
Fragmentary
data, with
solely superficial
important
understanding.
Some vital
Restricted however
enough
data and
important
understanding of
the properly Information is
moderately
detailed and
correct. A great
important
understanding of
Information is
moderately
in depth.
Reveals very
competent
important
Wonderful,
detailed
data and
extremely important
understanding of
the properly Exceptionally
detailed
data and
excellent
important
understanding of
Stage 5 FAIL MARGINAL FAIL SATISFACTORY
(third / Go)
GOOD
(2.2 / Go)
VERY GOOD
(2.1 / Benefit)
EXCELLENT
(1st / Distinction)
EXCEPTIONAL
(1st / Distinction)
Class Zero-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
understanding of
the properly established
ideas and
ideas of their
discipline of examine;
data of the
primary strategies of
enquiry within the
self-discipline.)
matter. A lot
irrelevant
materials.
Substantial
inaccuracies.
Considerably
flawed
understanding of
the primary
strategies of
enquiry within the
self-discipline.
inaccuracies
and/or irrelevant
materials.
Incomplete or
partially flawed
understanding of
the primary
strategies of
enquiry within the
self-discipline.
established
ideas and
ideas inside
the topic space,
with a couple of gaps
within the choice
of fabric. A
slender important
understanding of
the primary
strategies of
enquiry.
the properly established
ideas and
ideas and
the primary
strategies of
enquiry, with
minor gaps in
the collection of
materials.
understanding of
the properly established
ideas and
ideas of the
topic and the
primary strategies of
enquiry.
Breadth and
depth of
data.
established
ideas and
ideas of the
topic and the
primary strategies of
enquiry.
the properly established
ideas and
ideas of the
topic and the
primary strategies of
enquiry. Might go
past
established
theories.
three. Calculations
Readability and
accuracy of
calculations.
Use of
skilled
and properly structured
structure.
Little or no try
to current
calculations.
Incorrect
calculations for the
most half. Poor
structure and
construction
Weak try to
current
calculations.
Incorrect
calculations for the
most half. Weak
structure and
construction.
Some try to
current
calculations.
Appropriate
calculations for the
most half.
Passable structure
and construction.
A great try at
the calculations.
Appropriate
calculations for the
most half. Good
structure and
construction.
An excellent
try on the
calculations.
Appropriate
calculations for the
most half. Very
good structure and
construction.
A superb
try on the
calculations.
Correct
calculations
all through.
Wonderful structure
and construction.
An distinctive
try on the
calculations.
Correct
calculations
all through.
Distinctive structure
and construction.
Sensible expertise
(Apply underlying
ideas and
ideas extra
extensively outdoors the
context wherein
they have been first
studied; use a
vary of
established
strategies;
suggest options
to issues
arising from
Assessment.)
Restricted or no
use of
established
strategies,
supplies, instruments
and/or
strategies.
Little or no
appreciation of
the context of
the appliance.
Restricted
understanding of
the appliance of
concept to
apply or
making
applicable hyperlinks
between the 2.
Rudimentary
utility of
established
strategies,
supplies, instruments
and/or
strategies however
with out
consideration
and
competence.
Flawed
appreciation of
the context of
the appliance.
Weak
understanding of
the appliance of
concept to
An enough
consciousness and
largely
applicable
utility of
established
strategies,
supplies, instruments
and/or
strategies.
Primary
appreciation of
the context of
the appliance.
Theoretical
data and
understanding
utilized in
apply, however not
A great and
applicable
utility of
established
strategies,
supplies, instruments
and/or
strategies.
Clear
appreciation of
the context of
the appliance.
Primarily
constant,
correct and
logical
utility of
concept to
apply, making
An excellent
utility of a
vary of
established
strategies,
supplies, instruments
and/or
strategies.
Excellent
consideration of
the context of
the appliance,
with perceptive
insights.
Constant,
correct and
logical
utility of
concept to
A complicated
utility of a
vary of
established
strategies,
supplies, instruments
and/or
strategies.
The context of
the appliance is
properly thought-about,
and insightful.
Constant,
correct and
logical
utility of
concept to
apply, making
well-developed
Distinctive
ranges of
utility and
deployment
expertise utilizing
established
strategies,
supplies, instruments
and/or
strategies.
Constant,
correct and
logical
utility of
concept to
apply, making
extremely developed
hyperlinks between
the 2. Can
Stage 5 FAIL MARGINAL FAIL SATISFACTORY
(third / Go)
GOOD
(2.2 / Go)
VERY GOOD
(2.1 / Benefit)
EXCELLENT
(1st / Distinction)
EXCEPTIONAL
(1st / Distinction)
Class Zero-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
Very weak
problem-solving
expertise outdoors the
context wherein
they have been first
studied.
apply, with
solely occasional
proof of
making
applicable hyperlinks
between the 2.
Weak drawback fixing expertise
outdoors the
context wherein
they have been first
studied.
at all times making
logical hyperlinks
between the 2.
Can determine
issues and
suggest primary
options outdoors
the context in
which they have been
first studied.
applicable hyperlinks
between the 2.
Can determine
issues and
suggest largely
applicable
options outdoors
the context in
which they have been
first studied.
apply, making
applicable hyperlinks
between the 2.
Can determine
issues and
suggest
applicable
options outdoors
the context in
which they have been
first studied.
Proof of
some creativity.
hyperlinks between
the 2. Can
determine issues
and suggest
wonderful,
inventive
options outdoors
the context in
which they have been
first studied.
determine routine
and non-routine
issues and
suggest fairly
refined,
inventive
options outdoors
the context in
which they have been
first studied.
Transferable
expertise for all times
and
skilled
apply
(Successfully
talk in a
number of types
to specialist and
non-specialist
audiences; the
qualities and
transferable expertise
mandatory for
employment
requiring the
train of
private
duty and
decision-making.)
Communication
medium is
inappropriate or
misapplied.
Work is poorly
structured,
disorganised
and/or
confusingly
expressed. Very
weak use of
language and/or
very
inappropriate
fashion. Failure to
work successfully
as a part of a
group. Little or
no proof of
the talents for
employment
requiring the
train of
private
duty
and choice making.
Communication
medium is poorly
designed and/or
not appropriate for
the viewers.
Work is poorly
offered in a
disjointed
method. It’s
loosely, and at
instances
incoherently,
structured, with
data and
concepts typically
poorly
expressed.
Weak use of
language and/or
inappropriate
fashion. Flawed
strategy to
group work,
assembly solely
partial
obligations to
others. Restricted
Can
talk in
an appropriate
medium for the
viewers however
with some room
for enchancment.
Largely ordered
presentation and
construction in
which related
concepts / ideas
are moderately
expressed. Work
might lack
coherence in
locations. Can
work as a part of a
group, assembly
most obligations
to others however
maybe with
restricted
involvement in
group actions.
Demonstrates
the fundamental expertise
Can
talk
successfully in a
appropriate medium
for the viewers,
however might have
minor errors.
Largely coherent,
organised work,
in an appropriate
construction and is
for essentially the most half
clearly
expressed. Can
work successfully
independently
and/or as a part of
a workforce, with
clear
contribution to
group actions.
Demonstrates
the talents for
employment
requiring the
train of
private
Can
talk
properly, confidently
and constantly
in an appropriate
medium for the
viewers.
Work is
coherent, fluent,
well-structured
and organised.
Can work very
properly
autonomously
and/or as a part of
a workforce, with very
good
contribution to
group actions.
Demonstrates
excellent expertise
for employment
requiring the
train of
private
duty
and choice Can
talk
professionally
confidently and
constantly in a
appropriate medium
for the viewers.
Work is
coherent, very
fluent and is
offered
proficiently. Can
work
autonomously
with initiative.
The place related
can work
professionally
inside a workforce,
displaying
management expertise
as applicable,
and assembly
obligations.
Demonstrates
wonderful expertise
for employment
Can
talk
with an
exceptionally
excessive stage of
professionalism,
extremely appropriate
for the viewers.
Work is
exceptionally
coherent, very
fluent and is
offered
professionally.
Can work
exceptionally
properly inside a
workforce, displaying
management expertise.
Demonstrates
distinctive expertise
for employment
requiring the
train of
private
duty
and decision-
Stage 5 FAIL MARGINAL FAIL SATISFACTORY
(third / Go)
GOOD
(2.2 / Go)
VERY GOOD
(2.1 / Benefit)
EXCELLENT
(1st / Distinction)
EXCEPTIONAL
(1st / Distinction)
Class Zero-29% 30-39% 40-49% 50-59% 60-69% 70-84% 85-100%
proof of the
expertise for
employment
requiring the
train of
private
duty
and choice making.
for employment
requiring the
train of
private
duty
and choice making, with
some areas of
minor weak point.
duty
and choice making, with
some areas of
power and
a few of minor
weak point.
making, with simply
occasional minor
weak point.
requiring the
train of
private
duty
and choice making and an
urge for food for
additional
improvement.
making and an
urge for food for
additional
improvement.
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