Description College of Administration and Finance Sciences Assignment (2) Deadline: Saturday 04/05/2024 @ 23:59 Course Name: Cost

Description

College of Administration and Finance Sciences
Assignment (2)
Deadline: Saturday 04/05/2024 @ 23:59
Course Name: Cost Accounting
Student’s Name:
Course Code: ACCT 301
Student’s ID Number:
Semester: Second
CRN:
Academic Year: 1445 H
For Instructor’s Use only
Instructor’s Name:Rabab Farrash
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.
College of Administration and Finance Sciences
Assignment Question(s):
(Marks 15)
Q1. What is the process of identifying activities in an organisation and assigning costs under the
Activity Based Costing (ABC) system? Elucidate. You will need to include the right numerical
examples to support your answer.
(2 Marks) (Chapter 7, Week 7)
Answer:
Q2. PPLC Company has two support departments, SD1 and SD2, and two operating
departments, OD1 and OD2. The company decided to use the direct method and allocate
variable SD1 dept. costs based on the number of transactions and fixed SD1 dept. costs based on
the number of employees. SD2 dept. variable costs will be allocated based on the number of
service requests, and fixed costs will be allocated based on the number of computers. The
following information is provided:
(4 Marks) (Chapter 8, Week 10)
Support Departments
Operating Departments
SD1
SD2
OD1
OD2
Total Department variable costs
18,000
19,000
51,000
35,000
Total department fixed costs
20,000
24,000
56,000
30,000
Number of transactions
30
40
200
100
Number of employees
14
18
35
30
Number of service requests
28
18
35
25
Number of computers
15
20
24
28
College of Administration and Finance Sciences
You are required to allocate variable and fixed costs using direct method.
Answer:
Q3. What are an organization’s “outsourcing decisions” and “constrained resource decisions?”
Provide a suitable numerical example of these decisions and explain how quantitative and
qualitative considerations support a company’s decision-making process.
(2 Marks) (Chapter 4, Week 9)
Note: Your answer must include suitable numerical examples. You are required to assume values
of your own, and they should not be copied from any sources.
Answer:
Q4. VBN plastic industry makes three plastic toys: T1, T2, and T3. The joint costs of the three
products in 2017 were SAR 120,000. The total number of units for each product and the selling
price per unit is given below:
(3 Marks) (Chapter 9, Week 11)
Product
Units
Selling Price per unit
T1
45,000
SAR 15
T2
26,000
SAR 14
T3
18,000
SAR 10
You are required to allocate the joint costs to each product using the physical volume method and sales
value at the split-off method.
Answer:
College of Administration and Finance Sciences
Q5. MN&M Corporation is preparing a budget for 2018. The company provides you with the
following details which will help you to prepare the budget:
(4 Marks) (Chapter 10, Week 12)
Budgeted selling price per unit
=
SAR 500 per unit
Total fixed costs
=
SAR 150,000
Variable costs
=
SAR 100 per unit
Required:
You are required to prepare a flexible budget for 1,000, 1,100, 1,200 and 1,300 units.
Answer:

Purchase answer to see full
attachment

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Description

Description College of Health Sciences Department of Public Health ASSIGNMENT COVER SHEET Course name: Sociology of Health, Illness and Healthcare Course number: PHC181 CRN 10198 Choose one of the following questions, each question has two-part Assignment title or task: Assignment 1: Analysis of Health Disparities Assignment 2: Experience of Illness

Description

Description College of Health Sciences Department of Public Health ASSIGNMENT COVER SHEET Course name: Ethics and Regulations in Healthcare Course number: PHC 216 CRN: Assignment #1 : Saudi ministry of health announced November 2019 a large awareness campaign about patient consent. In 500 words feedback answer the following questions: •Why

Description

Description College of Health Sciences Department of Public Health Assignment Cover Sheet Course name: GLOBAL HEALTH Course number: PHC 311 CRN 10083 Please answer the following 2 questions in an essay format (15 marks) Assignment title or task: 1. What does a growth-mediated model of development look like? What are

Description

Description ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 2 Organizational Behaviour (MGT 301) Due Date: 02/11/2024 @ 23:59 Course Name: Organizational Behaviour Student’s Name: Course Code: MGT301 Student’s ID Number: Semester: 1st

Description

Description ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 2 Introduction to Operations Management (MGT 311) Due Date: 02/11/2024 @ 23:59 Course Name: Introduction to Operations Management Course Code: MGT 311 Student’s Name:

Description

Description College of Health Sciences Department of Public Health ASSIGNMENT COVER SHEET Course name: Chronic Disease Epidemiology and Prevention Course number: PHC 331 CRN Assignment title or task: Students Name: Name ID Submission date: Instructor name: Dr Shaima Miraj Grade: …..out of 10 Assignment guidelines: • • • • •

Description

Description Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your

Description

Description Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your

Description

Description Instructions – PLEASE READ THEM CAREFULLY The Assignment must be submitted on Blackboard (WORD format only) via allocated folder. Assignments submitted through email will not be accepted. Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your

Description

Description Avoid plagiarism, the work should be in your own words. All answers must be typed using Times New Roman (size 12, double-spaced) font. Make sure to include proper in-text citations and use APA style for reference. Please follow the instructions as described in the assignment. ‫المملكة العربية السعودية‬ ‫وزارة

Description

Description 2 students answered the discussion below, so I need 2 comments for each student. Discussion: Trade Policies for the Developing Nations • Discuss what led India in the 1990s to abandon its system of import substitution, and what growth strategy did India adopt? What lesson can be learned from

Description

Description According to Stevenson (2021), processes converting inputs into outputs are at the core of operations management and have strategic significance. Among the benefits of creating and using processes we can mention cost reduction, meeting customers’ expectations, and streamlining business operations. For this discussion, do the following: Identify what a

Description

Description ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 1 Strategic Management (MGT 401) Due Date: 05/10/2024 @ 23:59 Course Name: Strategic Management Student’s Name: Course Code: MGT 401 Student’s ID Number: Semester:

Description

Description Setting Goals and Strategies  Creating an effective SMM plan involves setting goals and creating strategies. In other words, define what you want to achieve and how best to do it. Listening and observing are important antecedents of social media marketing goal-setting and strategy creation.  Develop your skills in listening

Description

Description Chapter 1 What Is Organizational Behavior? ©McGraw-Hill Education. All rights reserved. Authorized only for instructor use in the classroom. No reproduction or further distribution permitted without the prior written consent of McGraw-Hill Education. Class Agenda What is organizational behavior? Does it matter? How do we “know” things about OB?

Description

Description ‫المملكة العربية السعودية‬ ‫وزارة التعليم‬ ‫الجامعة السعودية اإللكترونية‬ Kingdom of Saudi Arabia Ministry of Education Saudi Electronic University College of Administrative and Financial Sciences Assignment 1 Knowledge Management (MGT 403) Due Date: 05/10/2024 @ 23:59 Course Name: Knowledge Management Student’s Name: Course Code: MGT403 Student’s ID Number: Semester: First

Description

Description ns – PLEASE READ THEM CAREFULLY • • This assignment is an individual assignment. The assignment must be submitted in WORD format only. • Assignments submitted through email will not be accepted. • Students are advised to make their work clear and well presented, marks will be deducted for

Description

Description Public Administration: An Indispensable Part of Society “The care of human life and happiness… is the first and only legitimate object of good government.” THOMAS JEFFERSON Third President of the United States (1743–1846) Public Administration: An Indispensable Part of Society | 1 OVERVIEW • Introductions • Syllabus Review •