Answer: Part 1: The best method for the stated purposes would be the Activity Based Costing technique. For direct tracing, the traditional method costing could be used whereas for driver tracing, activity based costing technique could be used Part 2: Salary of cell supervisor-the number of hours spent on each product could be used Power to heat and cool the plant in which the cell is located-the number of unit consumed in the electricit...Read More
Answer: Introduction In the course of this report, the manager of the SupperTime restaurant have been interviewed. Issues and managerial challenges that have been faced while managing the organisation have been discussed in the course of an interview and ways in which the organisation have integrated the business have been highlighted. Analysing information from the academic sources, how the current manager has utilised his key skills in elev...Read More
Question: Dsicuss about the Making Management Accounting Research More Useful. Answer: Introduction Performance management refers to the planned and organized system under which the performance of the organization along with the issues faced and steps taken to overcome these issues are observed and studied. This helps the organization in achieving its goals; satisfying customer wants and also helps in employee efficiency (Buchner, 2...Read More
Question: Discuss About The Lukovic Tihomir Speranda Joanna Kizielewicz? Answer: Introduction The assignment deals with four functions of management that are Planning, Organising, Leadership and Controlling (POLC). The report presents an incident from personal life describing how these functions were applied. Based on the analysis of the incident the importance of this function in management is explained. Further, the stra...Read More
Questions: 1. Discuss various approaches to performance evaluation and control in various types of organisations. 2. Devise and evaluate simple indicators of performance. 3. Critically evaluate the uses of managerial accounting information for strategic decision making in various business contexts. Answers: Introduction Company’s name: The name of the organisation selected to fit the purpose of this report is Adelai...Read More
Question: Discuss About The Company Same Create Competitive Advantage? Answer: Introducation Value chain analysis is a framework that helps to recognize business activities that can generate value to the company and at the same time create competitive advantage (Gereffi and Fernandez-Stark, 2016). Figure 1: Value chain analysis The above framework shows the value chain of Samsung, here it can be observed with respect to inbo...Read More
Question: Discuss about the Organization Structure of the Nestle Company. Answer: Introduction: Nestle Australia is a great supplier of food and drink products. It consist a wide range of dairy milk products, Chocolates, Coffees and also many flavors of noodles. Instead of this it gives variety of hot and cold drinks, Ice cream and also a wide of confectionary and bakery items. Also to many cafes, hotels and clubs the cateri...Read More
Question: Discuss the Learning About Organizational Hawthorne? Answer: Introducation Learning about organizational behavior by Hawthorne, Elton, Mayo, and Roethlisberger shades light on management practices of the 1920s (Mayo, 2014). These are crucial in understanding attitudes and behavior in the organization. Complex organizations today have linear processes, which help managers to resolve conflicts. This was not the case...Read More
Question: Discuss about the Cost Accounting for Product Quality of Manufacturing Firm. Answer: Relationship Between Cost Control and Source of Supply The sourcing of material supplies is an essential process in an organization. The process of sourcing of material involves identification the suppliers and logistic service provider. The supplier will be from whom the goods are to be purchased while the logistic service provider ...Read More
Question: Discuss about the Modern Cost Management and Analysis. Answer: Introduction Senior Plc is a holding company and a provider of the engineering solutions. It is listed on the London Stock Exchange and a part of the FTSE 250 Index. It is a pioneer in the international arena with providing solution in more than 14 countries (Senior Plc, 2016). The company was established in the year 1933 by a group of employees ...Read More
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