AC2620: Module 1 Planning in Managerial Accounting

Submission Requirements:  Answer each problem in detail with a conclusion and results.  Submit your answer in a Microsoft Excel file, showing step-by-step solutions for all calculations. Evaluation Criteria: Your submission will be evaluated using the analysis rubric and the following criteria: For Task 1  Did you explain whether Cyril should expect that all actual costs will be greater than budgeted, given that production was greater than planned?  Did you explain which costs would you expect to increase and which costs would you expect to remain relatively constant? Did you describe which costs Cyril should concentrate on in his investigation of budget differences, keeping in mind that he cannot spend time on every departure from the budget? For Task 2  Did you calculate the total cost of each job at Smith Die Company?  Did you prepare journal entries to record the total cost of each job? ***need ASAP***