cost accounting

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Assgt1ACCT301-2NDSMTR-forstudents.docx

Assignment 1 Cost accounting

Last Date for Submission 2nd February 2019

You are required to work in this assignment individually.

Any suspicious activities will result zero grade in this assignment.

Student Name

……………………………..

Student ID

………………

CRN

………

Assignment

1

Marks

……/ 10 Points

Course

Cost Accounting

Course Code

ACCT 301

Uploading

End of week 3

Submission

End week 4

Date

Sat 26 /01/2019

Date

Sat 02/02/2019

The assignment is covering week 2, week 3 and week 4 materials.

Week 2: The Role of Accounting Information in Management Decision Making

Week 3: The Cost Function

Week 4: Cost – Volume – Profit Analysis

Instructions:

· Students must include these details (Name, Student ID, CRN, Date of submission)

· Do NOT  remove the questions in the answer papers. But write your answers below each question.

· Answer the ALL questions.

· Assignments should be submitted in MS Word format

· Font should be Times New Roman with 14 points .

· You are required to work in this assignment  individually .

· You should submit the assignment via the  Blackboard .

· Students who submit assignments after deadline, will get ZERO .

· If you engaged in plagiarism, you will get ZERO marks in the assignment or course.

Q1. How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision? (3 Points)

Q2. Give a numerical example of cost function and analyze this cost function? Discuss how is this cost function used in decision making? (3 Points)

Q3. Find a numerical example of cost-volume-profit (CVP) analysis, and analyze how CVP analysis is used for decision making? (4 Points)