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7AC002 Accounting And Finance

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Answer: Introduction The present report is based on analyzing the costing procedures of the company claret and Blue Ltd. The company is involved in production of machinery components to the customers as per this requirement. The company carries out its operations on the cost plus’ basis. In this context, the report has provided an analysis of the cost incurred on job number 339 and the methods of production overheads. It has also discus...

Read More arrow Tags: Saudi Arabia Jeddah Management marketing management and research University of Jeddah 

MBA5604 Financial And Management Accounting For Decision Making

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Answer: Introduction: Company background: Engtex Group Berhad has initiated its journey as a hardware retail shop in Kuala Lampur, Malaysia in 1983. The considerable growth in Malaysia has helped the organisation to diversify its business in distribution and wholesale centre having own distribution network and warehouses (Engtex.com.my, 2017). In addition, the organisation has made upward integration in its manufacturing sector, which i...

Read More arrow Tags: Malaysia Cheras Management marketing management and research University of Kuala Lumpur MBA 

ACC 5502 Accounting And Financial Management

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Answer: Answer to question 1 The job automation is a technological process by which the various operations of businesses are performed without involving the human brain and their mental and physical assistance. It is operated automatically through hi-tech technological control systems (Teigland et al 2018). The technique is completely automated and the work done effectively without involving the labour force. With the advancement of the techn...

Read More arrow Tags: Australia Melbourne Management marketing management and research University of Melbourne 

Management Accounting: Nonfinancial Managers

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Question: Discuss about the Management Accounting for Nonfinancial Managers.   Answer: Overhead is a term in accounting which deals with the various ongoing business expenses excluding all the others related to direct labor or the raw materials involved and the expenses that are billed to the customers by a third party. Irrespective of the fact that whether a company is doing well or not, the management needs to ensure that it is paying ...

Read More arrow Tags: Australia Melbourne Management Marketing management and research Melbourne Institute of Business and Technology Masters in Business Administ 

Management Accounting: Over Or Under Application

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Question: Discuss how overheads can be over‐ or under‐applied and how the company should deal with the over‐ or under‐application ?    Answer: Overhead is a term in accounting which deals with the various ongoing business expenses excluding all the others related to direct labor or the raw materials involved and the expenses that are billed to the customers by a third party. ...

Read More arrow Tags: Australia Melbourne Management Marketing management and research Melbourne Institute of Business and Technology Masters in Business Administ 

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