fb
$20 Bonus + 25% OFF
$20 Bonus + 25% OFF
Securing Higher Grades Costing Your Pocket? Book Your Assignment at The Lowest Price Now!
loader
Add File

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Stuck on Your Question?

Get 24x7 live help from our Top Tutors. All subjects covered.

loader
250 words

Error goes here

Files Missing!

Please upload all relevant files for quick & complete assistance.

Students Who Viewed This Also Studied

8 Pages
Business Management

Q1 Naming cells in spreadsheets (4 marks)See support.office.com/en-us/article/Define-and-use-names-in-formulas-4D0F13AC-53B7-422E-AFD2-ABD7FF379C64Why replace cell references with names? Create a simp ...

Type

Assignment

Subject

Accounting

3 Pages
Management

Segment reporting generally refers to the disclosure practice of diversified groups to report their results generated from units operating in markets with different profitability, risks and growth pot ...

Type

Home Work

Subject

Accounting

7 Pages
HI5017 Managerial Accounting

You are required to conduct a literature search and discussion in this assignment.You are to choose a peer reviewed journal article (from any country) on the: - Use of Standard Costing in a real-life ...

Course

HI5017

Type

Home Work

Subject

Accounting

University

Holmes Institute

6 Pages
BFA 504 Accounting System and Process

Xero is advertised as a software that leverages machine learning. Some have argued that Xero’s utilization of new technologies will replace human bookkeepers. Required: Using a research essay fo ...

Course

BFA 504

Type

Essay

Subject

Accounting

University

James Cook University

ACC203e Managerial Accounting

Question

Answered

Spoilage & reworked costsJob number 211Normal spoilage with estimated disposal selling price of $75 was incurred.Job number 212Normal spoilage amounting to $88 and abnormal spoilage of $38 were incurred.Job number 213Rework cost of $65 was incurred.(6)Job number 211 and Job number 212 were completed during the month.(7)Job number 210 was sold for cash at a mark-up of 30% on cost while Job number 211 was sold on credit at a price that allow the company to earn a gross profit margin of 20%.Required:(a)Computethe pre-determined overhead rate. (3 marks)(b)Calculate the followings:(i)Raw materials inventory as at 31 August.(ii)Work in process as at 31 August.(iii)Finished goods inventory as at 31 August.(iv)Selling price for Job number 210 and Job number 211.(c)Prepare the necessary journal entries to describeand summarise the transactions for August. Please show each job separately for the work in process inventory accounts only. Narrations can be ignored.(d)Compute the over-applied or under-applied overhead for August. e)Explain how the over-applied or under-applied overhead should be treated(f)Provide the necessary journal entries to close off the balance in the overhead control account assuming:(i)The overhead variances are not significant.(ii)The overhead variances are significant.Provide your final answer to the nearest dollar.

Question 2The costing system plays an important role in every organization within the decision making process. Without good cost information, a business will be severely handicapped. Hence, knowing and understanding the costs of your products or services represent a decisive factor in achieving business success.Required:Select an organization with which you are familiar. Using your own words as much as possible, and in not more than.(a)Provide a brief description of the organisation -background, the organizational structure, the nature of business, the industry and the environment it is operating in, its products/services, etc.(5 marks)(b)Describethe costing system adopted and how it is used to provide vital cost information for the management.(15 marks)(c)Does the costing system meet the needs of the organization? Discuss.(10 marks)Question 3Many managerial decisions (such as allocation of resources, pricing decisions and cost management) require a good understanding and application of cost terminologies. Based on the organization that you have chosen for Question 2, explainand provide one example of the following cost terminologies:Direct and indirect costs.Variable and fixed costs.Committed and discretionary costs.Controllable and uncontrollable costs.Upstream and downstream c

ACC203e Managerial Accounting

Answer in Detail

Solved by qualified expert

Get Access to This Answer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Hac habitasse platea dictumst vestibulum rhoncus est pellentesque. Amet dictum sit amet justo donec enim diam vulputate ut. Neque convallis a cras semper auctor neque vitae. Elit at imperdiet dui accumsan. Nisl condimentum id venenatis a condimentum vitae sapien pellentesque. Imperdiet massa tincidunt nunc pulvinar sapien et ligula. Malesuada fames ac turpis egestas maecenas pharetra convallis posuere. Et ultrices neque ornare aenean euismod. Suscipit tellus mauris a diam maecenas sed enim. Potenti nullam ac tortor vitae purus faucibus ornare. Morbi tristique senectus et netus et malesuada. Morbi tristique senectus et netus et malesuada. Tellus pellentesque eu tincidunt tortor aliquam. Sit amet purus gravida quis blandit. Nec feugiat in fermentum posuere urna. Vel orci porta non pulvinar neque laoreet suspendisse interdum. Ultricies tristique nulla aliquet enim tortor at auctor urna. Orci sagittis eu volutpat odio facilisis mauris sit amet.

Tellus molestie nunc non blandit massa enim nec dui. Tellus molestie nunc non blandit massa enim nec dui. Ac tortor vitae purus faucibus ornare suspendisse sed nisi. Pharetra et ultrices neque ornare aenean euismod. Pretium viverra suspendisse potenti nullam ac tortor vitae. Morbi quis commodo odio aenean sed. At consectetur lorem donec massa sapien faucibus et. Nisi quis eleifend quam adipiscing vitae proin sagittis nisl rhoncus. Duis at tellus at urna condimentum mattis pellentesque. Vivamus at augue eget arcu dictum varius duis at. Justo donec enim diam vulputate ut. Blandit libero volutpat sed cras ornare arcu. Ac felis donec et odio pellentesque diam volutpat commodo. Convallis a cras semper auctor neque. Tempus iaculis urna id volutpat lacus. Tortor consequat id porta nibh.

65 More Pages to Come in This Document. Get access to the complete answer.

MyAssignmenthelp.com has gained the stature of being the most successful marketing assignment help providers in the USA. Other than marketing assignment, we also provide an array of expert quality engineering assignment help. Like our mechanical and electrical assignment help assist thousands of students every year. Wide ranges of affordable services contribute in making us one of the most popular websites. Some of our on demand services are English assignment help and taxation assignment help.

More ACC203e ACC203e Managerial Accounting : Questions & Answers

Q

Business Management

Q1 Naming cells in spreadsheets (4 marks)See support.office.com/en-us/article/Define-and-use-names-in-formulas-4D0F13AC-53B7-422E-AFD2-ABD7FF379C64Why replace cell references with names? Create a simple spreadsheet and paste Sales less Expenses = Net Profit.Q2 Negative numbers (3 marks)Why do accoun ...

View Answer
Q

Management

Segment reporting generally refers to the disclosure practice of diversified groups to report their results generated from units operating in markets with different profitability, risks and growth potential. The current accounting method, AASB 8, adopts a management approach to segment reporting. In ...

View Answer
Q
icon

We aren't endorsed by this University

HI5017 Managerial Accounting

You are required to conduct a literature search and discussion in this assignment.You are to choose a peer reviewed journal article (from any country) on the: - Use of Standard Costing in a real-life company; and - Use of Target Costing in a real-life company. Register the two article names and deta ...

View Answer
Q
icon

We aren't endorsed by this University

BFA 504 Accounting System and Process

Xero is advertised as a software that leverages machine learning. Some have argued that Xero’s utilization of new technologies will replace human bookkeepers. Required: Using a research essay format, critically evaluate the above statements. Key questions that your essay could address are: Wha ...

View Answer

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.

Choose Our Best Expert to Help You

expert
student rating student rating student rating student rating student rating
Damian Snow

PhD in Programming with Specialization in Surveying and Spatial Information Systems

205 - Completed Orders

Hire Me
student rating student rating student rating student rating student rating
Adam Ericksen

Marketing Maestro

1339 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Max Mills

PhD in Accounting

2334 - Completed Orders

Hire Me
expert
student rating student rating student rating student rating student rating
Martha Blouin

PhD in Geography

805 - Completed Orders

Hire Me

Still in Two Minds? The Proof is in Numbers!

33845 Genuine Reviews With a Rating of 4.9/5.

student rating student rating student rating student rating student rating
26 Jan 2022

Economics

Course Work: 4 Pages, Deadline: 6 days

Thank you for the constant support and understanding and work towards my project

flag User ID: 8***56 Canada

student rating student rating student rating student rating student rating
26 Jan 2022

English

Essay: 8 Pages, Deadline: 10 days

the expert who worked on this assignment did a great job of following all the instruction I provided for this assignment and delivered it perfectly. G ...

flag User ID: 3***04 Melbourne, Bahrain

student rating student rating student rating student rating student rating
25 Jan 2022

Finance

Programming: 2 Pages, Deadline: 23 hours

Good not bad. But if the solution with more analysis and explanation will be great

flag User ID: 8***49 Melbourne, Saudi Arabia

student rating student rating student rating student rating student rating
25 Jan 2022

Management

Assignment: 6 Pages, Deadline: 5 days

Perfect work was delivered by the expert, I have been using my assignment help for quite some time now and it has been very helpful in providing excel ...

flag User ID: 8***14 Mississauga, Canada

student rating student rating student rating student rating student rating
25 Jan 2022

Chemistry

Assignment: 1 Page, Deadline: 5 days

Assignment was completed as requested! Was very organized and neat. Included all the parts!

flag User ID: 2***50 Kitchener, Canada

student rating student rating student rating student rating student rating
25 Jan 2022

Psychology

Assignment: 4 Pages, Deadline: 1 day

It was a good one thank you. I did have to correct some of the mistakes. After that, everything was good.

flag User ID: 6***66 Kitchener, United States

student rating student rating student rating student rating student rating
25 Jan 2022

Statistics

Programming: 2.6 Pages, Deadline: 7 days

Fully trust this service with perfect score. Would recommend to friends and family. Keep up the good work. Will definitely use the service.

flag User ID: 6***65 Hughesdale, Australia

student rating student rating student rating student rating student rating
25 Jan 2022

Management

Essay: 6 Pages, Deadline: 2 days

Perfect score. Great results and the marks was as expected. I trust this service fully with all my assessments.

flag User ID: 6***65 Hughesdale, Australia

student rating student rating student rating student rating student rating
25 Jan 2022

Criminal Law

Thesis: 8 Pages, Deadline: 4 days

Great results and the marks was as expected. I trust this service fully with all my assessments.

flag User ID: 6***65 Hughesdale, Australia

student rating student rating student rating student rating student rating
25 Jan 2022

Nursing

Home Work: 1 Page, Deadline: 12 hours

Satisfied with the assignment solution. All is correct, no amendment needed.Thanks

flag User ID: 6***60 Hughesdale, United States

student rating student rating student rating student rating student rating
25 Jan 2022

Geography

Course Work: 5 Pages, Deadline: 6 days

Fast and prompt assignment writing services. The writer was knowledgeable in the particular subject/topics. Will engage them again for future assignme ...

flag User ID: 5***78 Hughesdale, Singapore

student rating student rating student rating student rating student rating
25 Jan 2022

Finance

Assignment: 1 Page, Deadline: 1 day

I manage to add some good point from this presentation to my assignment so thank you so much for your help I\'m awaiting marks at the moment

flag User ID: 2***49 Hughesdale, New Zealand

student rating student rating student rating student rating student rating
25 Jan 2022

HRM

Home Work: 1 Page, Deadline: 6 days

It was good work overall and I love it I will as I said always recommended people if you need help t contact them keep up the good work

flag User ID: 7***37 Hughesdale, United States

student rating student rating student rating student rating student rating
24 Jan 2022

It Write Up

Programming: 4 Pages, Deadline: 4 days

Content is related to my view point and all points are well explained with the help of examples

flag User ID: 8***83 Hughesdale, Canada

student rating student rating student rating student rating student rating
24 Jan 2022

Civil Law

Essay: 2 Pages, Deadline: 18 hours

Quality work and on time. Great site when you are crunched for time. I will use it in the future.

flag User ID: 8***55 Hughesdale, United States

student rating student rating student rating student rating student rating
24 Jan 2022

Networking

Case Study: 8 Pages, Deadline: 4 days

Very pleased with the time of delivery as it was delivered two days before time and also the contents of the file looked really good.

flag User ID: 5***59 Hughesdale, Australia

student rating student rating student rating student rating student rating
24 Jan 2022

HRM

Assignment: 2.6 Pages, Deadline: 3 days

The final draft collaborated with the expert and I was fairly good. I still needed to reword and switch around some stuff, but the paper structure was ...

flag User ID: 7***07 Hughesdale, United States

student rating student rating student rating student rating student rating
24 Jan 2022

Finance

Home Work: 1 Page, Deadline: 13 hours

thank you for fixing my answers and doing it under the 6pm time requested. Deadline was met.

flag User ID: 8***88 Hughesdale, Australia

student rating student rating student rating student rating student rating
24 Jan 2022

Assignment

Assignment: 8 Pages, Deadline: 12 days

Decent prices, live chat is a life saving and I have received my essay on time.Bonus, the last one had a very small similarity. I would never change i ...

flag User ID: 5***94 Nuneaton, Great Britain

student rating student rating student rating student rating student rating
24 Jan 2022

Maths

Home Work: 1 Page, Deadline: 5 days

I just want to thank the person who worked on this assignment, and let them know that I appreciate the care and detail they did on this assignment. I ...

flag User ID: 4***77 Nuneaton, United States

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?