Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader

Phone no. Missing!

Please enter phone for your order updates and other important order related communication.

Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Guaranteed Higher Grade!

ACT202 Management Accounting

tag 0 Download 5 Pages / 1,135 Words tag 28-07-2021
  • Course Code: ACT202
  • University: Charles Darwin University
    icon

    MyAssignmentHelp.com is not sponsored or endorsed by this college or university

  • Country: Australia

Question:

Prepare a report on your analysis of the case. Your report should identify if there are any deficiencies inherent in the company’s existing costing system and if so explain how activity-based costing could overcome these deficiencies. If, in your analysis, you determine there are no inherent deficiencies, explain why not. (To set your report in the appropriate business context, you should refer to the information given in the case details, the schedules provided and the outcomes of the following requirements.)

To support your report you should undertake the following (and use the outcomes in your report):
1. Assign the costs to the activity centres using the resource driver consumption patterns shown in Schedules 1 and 2.
2. Calculate the cost of each activity performed in the relevant (to your allocated case) activity cost centre,using the information provided in item 1 above and in Schedule 3
3. A list of the activities performed and their annual costs is provided in Schedule 4 (some costs will need to be calculated as indicated in item 2 above). In addition the schedule provides an activity driver for each activity and the annual quantity of each activity driver. Calculate the cost per unit of activity driver for the activities listed. (Calculate to four decimal places.)

4. Based on the information calculated in item 3 above and in Schedules 5 and 6, prepare a bill of activities and determine the cost per unit for each of the two product items identified.
5. Would the difference in costs for the two products be reflected in the conventional costing system
6. Do you think that the existing costing system understates or overstates the cost of the two products identified in item 4 above Explain your answers in detail with reference to your calculations.
7. Consider and describe the changes in cost structure that are likely to have occurred at the Company over the last 15 to 20 years, and speculate on their causes.

8. Now complete your analysis and prepare your report. Your report should identify if there are any deficiencies inherent in the existing costing system and if so explain (using the outcomes from items 1 to
7 above) how activity-based costing could overcome these deficiencies. If, in your analysis, you determine there are no inherent deficiencies, explain (again using the outcomes from items 1 to 7 above) why not.
9. Include in your discussion, what factors the management accountant should consider when deciding whether to use an Activity-based system that includes both manufacturing overhead and non-manufacturing costs. And furthermore outline the benefits, costs and limitations of activity-based costing.
Download Sample Now

Earn back the money you have spent on the downloaded sample by uploading a unique assignment/study material/research material you have. After we assess the authenticity of the uploaded content, you will get 100% money back in your wallet within 7 days.

Upload
Unique Document

Document
Under Evaluation

Get Money
into Your Wallet

Total 5 pages

Cite This Work

To export a reference to this article please select a referencing stye below:

My Assignment Help. (2021). Management Accounting. Retrieved from https://myassignmenthelp.com/free-samples/act202-management-accounting/segment-of-manufacturing.html.

My Assignment Help (2021) Management Accounting [Online]. Available from: https://myassignmenthelp.com/free-samples/act202-management-accounting/segment-of-manufacturing.html
[Accessed 03 December 2022].

My Assignment Help. 'Management Accounting' (My Assignment Help, 2021) <https://myassignmenthelp.com/free-samples/act202-management-accounting/segment-of-manufacturing.html> accessed 03 December 2022.

My Assignment Help. Management Accounting [Internet]. My Assignment Help. 2021 [cited 03 December 2022]. Available from: https://myassignmenthelp.com/free-samples/act202-management-accounting/segment-of-manufacturing.html.


Stuck on Any Question

Our best expert will help you with the answer of your question with best explanation.

question
We will use e-mail only for:

arrow Communication regarding your orders

arrow To send you invoices, and other billing info

arrow To provide you with information of offers and other benefits

Phone no. Missing!

Please enter phone for your order updates and other important order related communication.

loader
250 words
Error goes here

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

We Can Help!

Get top notch assistance from our best tutors !
Excel in your academics & career in one easy click!

icon

Other Samples

Content Removal Request

If you are the original writer of this content and no longer wish to have your work published on Myassignmenthelp.com then please raise the content removal request.

icon

5% Cashback

On APP - grab it while it lasts!

Download app now (or) Scan the QR code

*Offer eligible for first 3 orders ordered through app!

screener
ribbon
callback request mobile
Have any Query?