Accounting Witchcraft Escape Room

Accounting Witchcraft Escape room

Witchcraft Manual

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Instructions

Welcome to Sunder Castle, an ancient fortress hidden deep within the enchanted woodlands. This castle was once home to the powerful wizard Kingmos, who mastered the secrets of strategic spells and enchanted ledgers. But beware! Kingmos placed a powerful curse on the castle, sealing it with mystical barriers that only a true master of wizardly wisdom can break. Today, you and your fellow apprentices have entered this haunted castle to retrieve the Manual of Mystical Management, a legendary book that holds ancient accounting secrets for managing resources, forecasting expenses, and balancing magical budgets.

To break the curse and escape, you’ll need to solve a series of enchanted riddles, potions, and puzzles, each testing your knowledge of strategic management accounting. With every completed lesson, you will unlock a magical seal, bringing you one step closer to the coveted manual—and to freedom! Good luck!

Lesson 01

The Enchanted Abacus: Test you knowledge of strategic management accounting concepts. As you enter the Hall of Mirrors, you encounter an enchanted abacus floating in midair. This mystical device is guarded by a ghostly accountant who will only allow you to pass if you prove your knowledge.

Magical Progress

New phoenix feathers needed now

The cost of renting a cauldron for today

Ingredients needed for a customer’s potion

The price paid for unicorn hair last year.

Question 1/4

Which of the following would be an enchanted cost (i.e., an IRRELEVANT cost) in a wizard's potion-making decision?

Question 2/4

When a witch is brewing potions using target costing, what is her first step?

Set the target price for the potion based on what wizards are willing to pay

Add rare ingredients to enhance quality at any cost

Estimate the actual cost of brewing without setting a budget

Gather all magical ingredients without worrying about cost

Question 3/4

In the enchanted forest, fairies use Activity-Based Cost Management to manage their resources. What is their main focus?

Managing activities like gathering, mixing, and delivering dust

Reducing the number of spells cast in each department

Collecting ingredients from nearby magical realms

Tracking fairy dust expenses by category

Question 4/4

In the magical Sunder Castle, wizard Zantor must manage costs to ensure his potions are perfect. What type of cost is incurred when he conducts tests to ensure his potions meet magical standards?

Prevention Cost

Internal Failure Cost

External Failure Cost

Appraisal Cost

Well done!

Lesson learned!

Continue

You fell!

Back

Lesson 02

The Potion of Profits Spell out key accounting terms by solving riddles and potion combinations. In the next chamber, a bubbling cauldron sits, with various potion bottles labeled with letters floating nearby. To progress, you must correctly combine ingredients that spell out key accounting terms. Drag the circle over the potions tofind the missing letter.

Magical progress

Question 1/4

To calculate a potion’s profitability, a wizard needs to know their

Marg_n

Drag the circle and findthe letter.

Question 2/4

A wizard must decide between two magical paths; this cost is what they forfeit by choosing one over the other:

_pportunity C_st

Drag the circle and findthe letter.

Question 3/4

These costs do not change with the level of output and remain constant in the cauldron:

Fi_ed Costs

Drag the circle and findthe letter.

Question 4/4

A standard used by wizards to measure their performance against others in the realm?

Benc_mark

Drag the circle and findthe letter.

Oh no! You have added the wrong ingredient to the mixture and created poison, go back to correct the mixture.

It's poison!

Back

Well done!

Lesson learned!

Continue

Lesson 03

The Wizard’s Dilemma After passing the Potion of Profits, the apprentices enter the Library of Shadows, where Kingmos’ specter presents them with the Wizard’s Dilemma: a scroll with multiple-choice questions guarded by a hidden hint.

Magical Progress

Question 1/4

Kingmos wants to launch a new potion but must keep costs low to maintain profit margins. Which approach should he use?

Clue

Cut ingredient quality

Implement target costing

00:10

Increase production volume

Raise the selling price

Question 2/4

To reduce the costs associated with potion defects, Kingmos must analyze where his expenses are occurring. What should he focus on?

Clue

Limiting advertising expenses

Reducing employee salaries

00:10

Quality cost management

Increasing raw material purchases

Question 3/4

Kingmos is considering the total expenses associated with a potion from development to retirement. What concept should he utilize?

Clue

Lifecycle cost management

Relevant costing

00:10

Activity-based costing

Fixed cost analysis

Question 4/4

In deciding whether to discontinue producing a particular potion, Kingmos needs to identify which of these costs are relevant?

Clue

Sunk Cost

Historical costs

00:10

Cost of Ingredients

Depriciation

Well done!

Lesson learned!

Continue

Bad omen!

Back

Lesson 04

The Final Duel with Kingmos At the end of the hall, the apprentices face the ultimate challenge: the spectral image of Kingmos himself. To break his curse, they must make a critical choice between two powerful spells, each represented by an image.

Magical progress

Question 1/4

Which of these costs is incurred to ensure the quality of magical potions via testing & inspection before they are sold?

Question 2/4

Which of the following images represents a spell book?

Question 3/4

Which costing method is particularly beneficial for businesses with varied product lines?

Question 4/4

During the ABC process, what is a primary factor used to assign costs accurately?

Manual completed

Congratulations!

Magical progress

Badchoice!

Back

You can nowpractice sorcery!

Are you sure you want to exit?

Your progress will be lost and you will not learn witchcraft

Exit

Continue

Become an expertin witchcraft!

To do this, you must complete the wizardry manual by overcoming each of the 4 lessons you will find: · Bewitched Forest· Potions· Divination· Enchantments. Test your magical skills and try not to fail or you will have to retakethe test.