AIS Tutorial 1 RolePlay Game

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AIS Tutorial 1 Role-Play Game

• M. Romney, P. Steinbart (2009), Accounting
  Information Systems, Prentice Hall

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AIS Tutorial 1

• Objectives
• To understand the Business Cycle activities
  through the games
• To understand the organization data flow and
  information flow

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Rules of Game

• Debbie would perform the role as final customer
  and supplier
• You need to understand your customers demand and
  make sure you could provide the products to them
  at a reasonable price
• Try your best to sell your products to your
  customers and maximize your profit based on your
  resource or capacity constraints

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Rules of Game (Cont)

• 5 Teams represent 5 companies
• Each company
• Each student will perform a role in their team
• e.g., CEO, Production Manager, Sales Manager,
  Accounting Manager, Inventory Manager, IT Manager
• You need to prepare different sets of documents
• E.g., Sales Order, Purchase Order, Inventory
  Transaction Statement, Sales Invoice, as well as
  Profit and loss statement)
• Game Winner
• Based on the following criteria
• Process Efficiency and Effectiveness
• Profit
• The Design of the documents

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Background Information

• Your expected profit margin 20 or more
• Production cost is 3.0 per unit
• Labor cost 1.5 per unit
• Machinery cost 0.6 per unit
• Material cost 0.9 per unit
• Raw Material B 0.4 per unit from Supplier A
• Raw Material C 0.5 per unit from Supplier A
• To produce 1 unit of Product A
• We need the followings
• 1 unit of Labor
• 1 unit of Machinery
• 1 unit of Material B 1 unit of Material C

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Background Information

• The minimum production volume for Product A is
  130 Qty
• Currently, remaining stocks of
• Product A 5 Qty
• Material B 10 Qty Material C 10 Qty

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Scenario

• Assumptions
• Customer order
• Qty 100
• Check Customer Credit Limit
• Enough
• What kind of document should be produced to your
  customer? (using MS Excel)

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Scenario (Cont)

• Quantity of goods needed by Customer is 100
  whereas you only have 5 existing stock in the
  warehouse. You need to produce more goods to meet
  Customers requirement
• Need to check if you have sufficient material B
  and material C to produce product A
• What kind of documents should be produced to your
  supplier and customer? (using MS Excel)

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Scenario (Cont)

• Produce Profit and Loss Statement
• The summary of all revenues (from Sales and
  Services) a company earns minus all expenses
  (cost incurred in the earning process) associated
  with earning that revenue.
• Produce Inventory Transaction Statement
• Opening balance
• Transactions
• Closing balance

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Submission

• Email Title BUSI2111 Tut 1 Solution Team X
• Email Content Your group members UID, Name,
  Email address
• Submit ONE excel file (include all the documents
  in form of different spreadsheets)
• Email
• Send to debbiehku_at_gmail.com
• CC. adahku_at_gmail.com

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Reference

• Romney and Steinbart (2009). Accounting
  Information System, Pearson
• Reimers (2008). Financial Accounting A Business
  Approach, Pearson