ACCT 301 Saudi Electronic University Saudi Company Organizational Strategy Discussion

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Enav1122

Business Finance

ACCT 301

Saudi electronic university

ACCT

Description

Kindly you are requested while preparing the answers for the mentioned assignment to avoid the plagiarism in addition to make sure the adequate and accuracy of it.

Textbook

  • Eldenburg, L. G., & Wolcott, S. K. (2011). Cost management: Measuring, monitoring, and motivating performance (2nd ed.). Hoboken, NJ: John Wiley & Sons, Inc. ISBN-13: 978-0470-76942-3.

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College of Administrative and Financial Sciences Assignment 1 Deadline: 27/02/2021 @ 23:59 (End of week 6) Course Name: Cost accounting Student’s Name: Course Code: ACCT 301 Student’s ID Number: Semester: 1 CRN: Academic Year: 1441/1442 H For Instructor’s Use only Instructor’s Name: Wadha alrashidi Students’ Grade: Marks Obtained/Out of Level of Marks: High/Middle/Low Instructions – PLEASE • 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 answered 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. Page 1 of 3 Q1 Provide example of one Saudi Company and analyze two examples of organizational strategies and operating plans for this example. (1 Mark) Q2 Abdulkrim Company manufactures a product A. The company estimates the cost function for the total costs. The cost driver is number of units. The following informations were collected: Month Units Total Costs January 3,560 $242,400 February 3,800 $252,000 March 4,000 $260,000 April 3,600 $244,000 May 3,200 $228,000 June 3,040 $221,600 Compute a cost function using the high-low method. (1 Mark) Q3 Hashim Corporation sells its product for $17 per unit. Its variable cost is $10 per unit, and total fixed costs are $800. Assuming next period’s estimated sales are 300, calculate the following amounts: a. Degree of operating leverage b. Margin of safety in units c. Margin of safety in revenues (1 Mark) Q 4 Provide one numerical example for allocation of overhead of one job and analyze this example? (1 Mark) Q 5 Discuss the concept of Equivalent Units in process costing and give numerical example? (1 Mark) Page 2 of 3 Page 3 of 3
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College of Administrative and Financial Sciences

Assignment 1
Deadline: 27/02/2021 @ 23:59 (End of week 6)

Course Name: Cost accounting

Student’s Name:

Course Code: ACCT 301

Student’s ID Number:

Semester: 1

CRN:
Academic Year: 1441/1442 H

For Instructor’s Use only
Instructor’s Name:Wadha alrashidi
Students’ Grade: Marks Obtained/Out of

Level of Marks: High/Middle/Low

Instructions – PLEASE


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 answered must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiaris...


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