SCHOOL Johannesburg Business School DEPARTMENT Transport and Supply Chain Management CAMPUS(ES) APK MODULE NAME Road Transport Costing and Distribution MODULE CODE TRE8X10 SEMESTER Second ASSESSMENT OPPORTUNITY Supplementary Summative Assessment MONTH AND YEAR Opportunity January 2020
ASSESSMENT DATE January 2020 SESSION
ASSESSOR(S) Prof. G.C. Prinsloo MODERATOR(S) Mr JA van Rensburg DURATION 3 hours (180 min) TOTAL MARKS 180
NUMBER OF PAGES OF QUESTION PAPER (Including cover page) 4
Question papers must be handed in. This is a closed-book assessment. Read the questions carefully and answer only what is asked. Number your answers clearly and correctly as per the question paper. Write neatly and legibly on both sides of the paper in the answer book, starting on the first page.
Page 1 of 4 SSAO - TRE8X10
QUESTION 1 (10 Marks)
List sequentially and complete the “Vehicle Concepts” description where required in your examination script. (NOT ON QUESTION PAPER). See page 3 of this examination paper.
QUESTION 2 (40 Marks)
Complete the attached “Vehicles Cost Schedule” (The use of calculators is permitted). See page 4 of this examination paper. Complete on question paper (remember to mark with Student number).
QUESTION 3 (10 Marks)
Give formulae description for the following cost concepts:
a) CPK Cost of Capital
b) Insurance cost c) Administration overheads d) Percentage Fuel of Total Variable cost e) Lubricants cost f) CPK maintenance g) CPK tyres h) Percentage depreciation of Total Annual cost i) Fixed cost per day j) Overhead cost operational
QUESTION 4 (30 Marks)
In the process of managing a Road Transport Enterprise the management normally utilises two different sets of accounting information to steer the organisation. Illustrate how you will apply this statement in a Road Transport Enterprise of your choice with due attention to: a) The users of the information. b) The differences encountered between the two kinds of accounting information.
QUESTION 5 (20 Marks)
Knowledge of costs remain important for the managing of a Transport enterprise. Analyse the two-stage allocation process for a Traditional costing system.
QUESTION 6 (25 Marks)
Specific analysis of costs and returns form the backbone of financial decision taking in an enterprise. You are required to analyse:
a. Opportunity cost of an investment
b. Compounding and discounting c. The Internal Rate of Return
QUESTION 7 (20 Marks)
Analyse the effect of Taxation and inflation on Investment decisions.
QUESTION 8 (25 Marks)
Analyse the stages of the process for initiating, authorising and review of projects.
Page 2 of 4 SSAO - TRE8X10
ADDENDUM - QUESTION 1
V E H I C L E C O N C E P T S Page C1
Permissible 2 400 Permissible 28 000
01 Unladen 1 400 12 Unladen 11 400 PAYLOAD up to 1 000 PAYLOAD up to 16 600 (2400 kg or Less) (4x2 Rigid+2 Axle Trailer)
Permissible 5 000 Permissible 43 000
02 Unladen 2 680 13 Unladen 15 780 PAYLOAD up to 2 320 PAYLOAD up to 27 220 (2400 to 5000 kg) (6x4 Rigid+2 Axle Trailer)
Permissible 7 000 Permissible 55 200
03 Unladen 3 100 14 Unladen 19 680 PAYLOAD up to 3 900 PAYLOAD up to 35 520 (5001 to 7500 kg) (6x4 Rigid+4 Axle Trailer)
Permissible 10 000 Permissible 43 000
04 Unladen 4 210 15 Unladen 17 150 PAYLOAD up to 5 790 PAYLOAD up to 25 850 (7501 to 10000 kg) (Doubles Combination)
Permissible 13 700 Permissible 44 000
05 Unladen 5 610 16 Unladen 19 550 PAYLOAD up to 8 090 PAYLOAD up to 24 450 (Concept 08+2 Axle Trailer)
Permissible 24 000 Permissible 56 000
06 Unladen 8 660 17 Unladen 21 730 PAYLOAD up to 15 340 PAYLOAD up to 34 270 (Concept 09+2 Axle Trailer)
Permissible 25 000 Permissible 56 000
07 Unladen 10 720 18 Unladen 22 125 PAYLOAD up to 14 280 PAYLOAD up to 33 875 (4x2 TT+Single Axle ST) (6x4 TT+Tandem/Tandem ST)
Permissible 34 000 Permissible 56 000
08 Unladen 14 440 19 Unladen 23 180 PAYLOAD up to 19 560 PAYLOAD up to 32 820 (4x2 TT+Tandem Axle ST) (6x4 TT+Tridem/Tandem ST) 20
Permissible 43 000 Permissible 13 700
Unladen 16 250 20 Unladen 5 390 09 PAYLOAD up to 26 750 PAYLOAD up to 8 310 PMA (6x4 TT+Tandem Axle ST) 4x2 Rigid 21
Permissible 40 000 Permissible 34 000
Unladen 15 420 21 Unladen 13 650 10 PAYLOAD up to 24 580 PAYLOAD up to 20 350 PMA (4x2 TT+Tridem Axle ST) Four Axle Artic (4x2 TT+Tandem Axle ST) 22
Permissible 49 500 Permissible 43 000
Unladen 17 520 22 Unladen 18 350 11 PAYLOAD up to 31 980 PAYLOAD up to 24 650 PMA (6x4 TT+Tridem Axle ST) (Doubles Combination)
