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BSBPEF402
Develop personal work priority
Learner Assessment Pack
Australis Institute of Technology and Education Australis Institute of Technology and Education (AITE) (Australia)
Level-2, 25 George Street, Parramatta NSW 2150, Australia
Email: info@australisinstitute.nsw.edu.au
Website: https://aite.edu.au/
© 2023 Australis Institute
BSBPEF402 - Develop personal work priorities (Release 2)
Copyright Notice No part of this resource may be reproduced in any form or by any
means, electronic or mechanical, including photocopying or
recording, or by an information retrieval system without written
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Disclaimer
Precision Group (Australia) has made a great effort to ensure that
this material is free from error or omissions. However, you should
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relying on any fact, statement or matter contained in this
document. Precision Group (Australia) is not responsible for any
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Version Number: 2 (Review date: 07/2022) AITE
Unit Code: BSBPEF402 RTO ID: 91630
CRICOS ID: 03173K
P a g e 2 | 75
Australis Institute of Technology and Education from this material. Information in this course material is current at
the time of publication.
Version Number: 2 (Review date: 07/2022) AITE
Unit Code: BSBPEF402 RTO ID: 91630
CRICOS ID: 03173K
P a g e 3 | 75
Australis Institute of Technology and Education Version Control & Document History
Date
Summary of modifications
Version
01 March 2021
Version 1 final produced following assessment validation.
1.0
Version Number: 2 (Review date: 07/2022) AITE
Unit Code: BSBPEF402 RTO ID: 91630
CRICOS ID: 03173K
P a g e 4 | 75
Australis Institute of Technology and Education Table of Contents
Assessment Delivery
..............................................................................................................................
6
Learner Information
..............................................................................................................................
7
Steps for Learners
..................................................................................................................................
9
Reasonable Adjustment
.......................................................................................................................
10
Resources Required for Assessment
....................................................................................................
12
Accessing Intranet Pages
.....................................................................................................................
14
Assessment Agreement
.......................................................................................................................
15
Assessment Tasks
................................................................................................................................
17
Short Answer Questions
.............................................................................................................
19
Practical Assessment
..................................................................................................................
24
Workplace Project Assessment
...............................................................................................
25
Project Overview
.....................................................................................................................
25
Task 1: Personal Work Plan
......................................................................................................
27
Task 2: Communicate Personal Work Plan
..............................................................................
30
Task 3: Monitor Personal Work Performance
..........................................................................
31
Task 4: Seek Feedback and Evaluate Work Performance
.........................................................
34
Task 5: Updated Personal Work Plan
.......................................................................................
36
Assessment Workbook Checklist
.........................................................................................................
39
Assessment Workbook Checklist
................................................................................................
40
Recording
............................................................................................................................................
42
Record of Assessment
.................................................................................................................
43
Version Number: 2 (Review date: 07/2022) AITE
Unit Code: BSBPEF402 RTO ID: 91630
CRICOS ID: 03173K
P a g e 5 | 75
Australis Institute of Technology and Education Learner Assessment Pack
Assessment Delivery
Version Number: 2 (Review date: 07/2022) AITE
Unit Code: BSBPEF402 RTO ID: 91630
CRICOS ID: 03173K
P a g e 6 | 75
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Question 6 of 7
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Selected financial information is available for Blossom Co.
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Question 7 of 13 - Module One
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Module One Problem Set
Question 7 of 13
-/4
==
Your first internship assignment is to prepare two schedules for Windsor Blue Co., a manufacturing company. You have a file that
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DM Inventory
WIP Inventory
FG Inventory
DM purchases
DL costs
Production supervisor salary
Utility costs in production space
Depreciation on manufacturing facility and equipment
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End of year
$9,200
$10,000
21,000
13,000
6,300
8,000
153,000
232,000
56,000
14,000
42,000
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Cost of Materials Issuances
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Quantity
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Quantity
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309
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July 1
July 5
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$750
$ 6.00
125 V
750 V
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7401
240
July 10
422
400
$8.00
July 201
7639
325
July 26
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1,280
c. Determine the total amount of materials transferred to Work in Process for July.
4.070
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Reporting Stockholders' Equity
Using the following accounts and balances, prepare the Stockholders' Equity section of the balance sheet using Method 1 of Exhibit 8. 50,000 shares of common stock authorized, and 2,000 shares have been reacquired.
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Determining Cost of Land
On-Time Delivery Company acquired an adjacent lot to construct a new warehouse, paying $44,000 in cash and giving a short-term note for $272,000.
Legal fees paid were $1,780, delinquent taxes assumed were $14,700, and fees paid to remove an old building from the land were $21,700. Materials
salvaged from the demolition of the building were sold for $4,700. A contractor was paid $960,600 to construct a new warehouse.
Determine the cost of the land to be reported on the balance sheet.
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Assignment Problem
Anand Kalaimani Al Harthi SAOG located in Muscat Sultanate of Oman involved in manufacturing of
Drugs and Pharmaceutical Industry from 1981 to till now. The SAOG Company has provided the
following information for the months of September, October, November and December 2023.
Month
Sales
Material
Wages
Postage
Electrical
Other
September
Expense
Expense
10,000
6,000
350
1,200
1,000
5,000
October
12,500
7,500
550
2,400
2,000
6,000
November
13,600
8,200
850
3,600
3,000
5,500
December
19,400
9,000
950
4,800
4,000
3,200
Additional information:
a) Cash Balance on 1/10/2023 is RO X000000
b) Sales 25 per cent is for Cash in the same month. 50 per…
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Company XYZ is currently producing AND selling 10,000 units of product A. At this level, the total product cost was $60,000.
This included $10,000 direct materials, $20,000 direct labor and $30,000 manufacturing overhead cost, which included 20%
variable manufacturing overhead cost. The selling and administrative expenses were $100,000, which included $60,000
variable selling and administrative costs. Assume that the selling price per unit $20, how much was the total contribution
margin?
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a. $134,000
b. None of the given answers
C. $40,000
d. $104,000
e. $194,000
The correct answer is: $104,000
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O b. All the given answers are NOT correct.
Oc is determined at the end of the period.
O d. isameasure used to assign conversion costs to products and services
O e isameasure used to assign prime costs to products and services
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A Company uses job order costing and has chosen direct labor hours to allocate its manufacturing overhead. The company estimates
that total direct labor hours to be operated next year are 250,000 hours. The estimated variable overhead is $15 per hour and the
estimated fixed overhead costs are $750,000. The predetermined overhead rate is:
O a $6
O b. None of the answers given
Oc $45
Od. $3
Oe $18
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Conduct the below exercise
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Flow of Costs and Income Statement
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A Policies
Cullumber Co. has the following transactions related to notes receivable during the last 2 months of the year. The company does not make entries to
accrue interest except at December 31.
r.com: 24/7 On-
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Nov. 1 Loaned $53,400 cash to C. Bohr on a 12-month, 9% note.
ary Resources
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Suppose an investor, Erik, is offered the investment opportunities described in the table below. Each investment costs $1,000 today and provides a
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50% chance of receiving $2,000
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