Assignment Remit

This assignment is designed to assess the following module learning outcomes. Your submission will be marked using the Grading Criteria given in the secƟ on below. 

LO 5. Evaluate the use of management accounting in the operation of business entities.

Assignment:

You are required to write a 1,200-word report answering the following sets of quesƟ ons. (Note: there is no allowance for exceeding the word count.)

Assessment Overview

This assessment contains two major applied management accounƟ ng tasks, both set within the operaƟ ons and strategic development of JB Brothers Ltd. Although the required tasks relate to different divisions and strategic decisions within the company, they are linked under the same organisaƟ onal umbrella.

You must complete:

Part 1 – JB Brothers Ltd: Capital Investment Appraisal (50 marks)

A strategic evaluaƟ on of two mutually exclusive investment proposals for new producƟ on facilithes.

A detailed cash budgeƟ ng exercise for the company’s start-up operaƟ ons.

Total marks: 100

Both parts must be completed.

JB BROTHERS LTD – CAPITAL INVESTMENT APPRAISAL (50 MARKS)

JB Brothers Ltd., originally established as a designer of award-winning hiking boots, is exploring a major expansion into automated manufacturing. The Board is considering two mutually exclusive capital investment projects to scale up production, improve efficiency, and align with their sustainability-driven growth strategy.

The company’s strategic aims include:

• Lower operaƟ onal risk 

• Less energy efficient

Required – Part 1 (50 Marks)

Provide a critical, academically supported discussion of the three investment appraisal techniques: Net Present Value (NPV), Internal Rate of Return (IRR), and Payback Period (PBP).

B) Investment appraisal calculations 20 marks Calculate for each project:

PART 2:

JB BROTHERS LTD – FOUR-MONTH CASH BUDGET (50 MARKS)

As JB Brothers Ltd begins its first months of operaƟ on, producing hiking boots, the founders, Jill and Bill, require a detailed cash budget to support early financial planning and ensure sustainable working capital management.

3. Production & Inventory Requirements 

• ProducƟ on based on sales demand
• Closing inventory each month:
• Men’s boots: 450 units 
• Women’s boots: 300 units
• No opening inventory (start-up)

• Marketing campaign: £36,000 over four months, paid monthly
• Sales commission: 5% of monthly sales, paid one month in arrears

A) Prepare a detailed monthly cash budget for Jan–Apr 2026 35 marks Your budget must clearly show:

Full, clearly labelled workings are essential.

Submission Requirements

Your submission will be graded according to the following criteria:

Referencing: you should acknowledge the sources you have used in the text and reference list and used effectively to support discussion and these references should follow the Harvard referencing protocol.

b) The Content and range of knowledge displayed should demonstrate a detailed, systematic, in-depth, theoretically informed knowledge base, with some appreciation of the provisional nature of knowledge.

c) Your Conclusions should be well-developed, and analytical, use appropriate forms of conceptualisation, and show some originality. They are thoroughly grounded in theory/evidence/literature. They form an integrated part of the overall argument/discussion.

Marking Breakdown (100 Marks)

You are permiƩ ed to use GenAI to support your submission for this assessment. You may use it for the following activities:

Applying GenAI tools should be done with human oversight and control. You should carefully review and use the results carefully as AI can generate authoritative-sounding output that can be incorrect, incomplete, uncritical, or biased.

You may not submit any work generated by an AI tool as your own. Where you include anymaterial generated by an AI tool, it should be properly declared just like any other reference material. Alongside your assignment, you should also provide a commentary in the Cover Sheet detailing how GenAI has been used to develop your final submission. If you have not used GenAI tools, you should clearly state so.

All reports must include an appendix detailing how generaƟ ve AI has been employed, Including the software used and the prompts entered.

The use of generaƟ ve AI is not compulsory, and if you do not use it, then the appendix need to state this and give clear, logical reasons for not using it.

Note that you are also required to indicate whether you have used generative AI on the coversheet.

Plagiarism, including that which results from using GenAI, is a form of academic misconduct that will be dealt with under the University’s Code of Practice on Academic Integrity.

Both Summative and FormaƟ ve feedback are given to encourage students to reflect on their learning, which feeds forward into the following assessment tasks. The preparaƟ on for all assessment tasks will be supported by formaƟ ve feedback within the tutorials/seminars.

Writien feedback is provided as appropriate. Please be aware to use a web browser and not the Canvas App as you may not be able to view all comments.

Plagiarism:

It is your responsibility to ensure that you understand correct referencing pracƟ ces. You are expected to use appropriate references and keep carefully detailed notes of all your information sources, including any material downloaded from the Internet. It is your responsibility to ensure that you are not vulnerable to any alleged breaches of the assessment regulations. More informaƟ on is available at the University’s Code of Practice on Academic

Wellbeing, Extensions and ExtenuaƟ ng Circumstances:

The processes for extensions and extenuating circumstances (ECs) are to support students who have experienced unforeseen issues that have impacted their ability to engage with their studies and/or complete assessments. Students should notify Wellbeing of any extenuating circumstances as soon as possible via the online form, following the guidance provided.

You MUST ensure that you have submiƩ ed the correct file to the correct assessment submission link. Media files must be available at the locaƟ on specified and viewable by the marker.