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ACCT301 Cost Accounting Assignment
ACCT301 Cost Accounting Assignment
| ORDER # | 100486 |
| PAPER TYPE | ESSAY |
| WRITING LEVEL | MASTERS |
| WRITING STYLE | APA |
| # OF SOURCES | 4 |
| # OF QUESTIONS | 2 |
- Provide numerical examples of a Direct Material Budget for the second quarter (April to June) by considering a manufacturing company operating in Saudi Arabia as a sample study. (2marks)
- XYZ Industries Co. decided to allocate Human Resource department costs based on the number of employees in each department and Information Technology costs based on the number of machine-hours in each department. (2marks)
Required:
(a) Give a numerical example for the four departments, given the table below, (the numerical information should be appropriate as per the table given as a reference.
Support Departments Operating Departments TOTAL
( Human Resource, Information Technology) ( Hot Rolled Hollow Steel , cold Rolled Hollow Steel )
Total department cost
Number of employees
Number of machine hours
b- Then based on your given information, use The Direct method to allocate support department costs.
Allocate cost:
Human Resource
Information Technology
TOTAL
(c) For what types of products is the physical output method appropriate? Give suitable and real example that should support your answer. ch9 (1mark)
This assignment uses a grading rubric. Please read the requirements of the rubric before you start working on your assignment.
Grading Rubric
| Excellent (4) | Good (3) | Needs Improvement (2) | Poor (1) | |
| Language/Spelling/ Grammar | Assignment has no spelling or punctuation errors and very few grammatical errors. Very well written and excellent use of accounting language. | Assignment has a few punctuation or spelling errors. Few grammatical errors that don’t affect meaning. Well written and use of accounting language is acceptable. | Assignment has some punctuation or spelling errors. Some grammatical errors but generally don’t affect meaning. Language is satisfactory overall but use of more appropriate accounting language is required. | Assignment has numerous punctuation or spelling errors. Numerous grammatical errors that affect meaning. Language used is unprofessional and not appropriate for accounting use. |
| Assignment Organization and Formatting | Relevant sections are included, and each is organized effectively. Formatting is professional and consistent and includes all required elements. | Relevant sections are included but could be a little better organized. Formatting is acceptable and/or one or two required elements are missing. | Relevant sections are included but organization could be improved. Formatting is inconsistent and/or many elements are missing or not formatted appropriately. | Sections are missing and/or poorly organized. Formatting is messy and unprofessional. |
| Assignment relevance/Thinking | Assignment answers are relevant, comprehensive and detailed. Thinking and ideas are presented clearly, are engaging and thorough. | Assignment answers are relevant and sufficient. Thinking and ideas are clear but could be expanded to be more thorough. | Assignment answers are slightly relevant fairly basic and/or thinking and ideas lack some clarity and depth. | Assignment answers are relevant very basic and thinking and ideas are superficial and lack clarity. |
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