Finance

Question 1 Mini project topic : summoning to Management Accounting. You are the person in charge of the sentry duty accounting department of a manufacturing company. You are required to apprize your junior staff on the essentials of the management accounting in the future(a) areas : (Note: you need to create an illustration to elaborate the following matters). (A) explicate how cost can be classified by their carriage ;with particular reference to the effects both on sum of money and on whole costs. Your report should: i. Say why its necessary to classify costs by their behavior and ii. Be illustrated by sketch graphs within the body of the report. Answer diva friendship is a manufacturing company which manufactures shoes.The format to calculate the extreme production costs of producing a single product is presumption up as below .

Direct Material(+) leather(+) pigment(+) rubber(+) plasticsDirect expenses(+) royaltiesPrime cost(+) manufacturing smash-upsSalaryFactory manager salaryDepreciation of ingraft and machineryFactory powerManufacturing cost(+)Administratioin overheadOffice salariesDepreciation of emplacement equipmentSelling and distribution overheadTravellingAdvertisingWarehouse rent and ratesTotal cost| RMXXXXXXXXXXXXXXXXXXXXXXXXXX| RMXXXXXXXXXXXXXXXXXXXXXXX| Diva Company has enter the costs of a particular department making a single product for two consecutive periods. The selective information is given as below. | Production units embodys:Direct materialDirect labourProduction overheadAdministrative overheadSelling and distribution overhead| completion 112000RM3600060000640002100027000| Period 29000RM2 700045000580002100024000| Required : ! A. Analysis the costs harmonize to their behavior B. position the total fixed cost and the varying cost per unit for the product. | Period 1| Period 2| Behavior| Cost per unitDirect materialDirect labourProduction overheadsAdministrative overheadsSelling and distribution overheads| RM3.005.005.33210002.25|...If you want to get a full essay, rules of order it on our website: OrderEssay.net

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