Description
- 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.
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- 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).
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Explanation & Answer
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1
Course Name: COST ACCOUNTING
Course Code: ACCT301
Semester: 1
Academic Year: 1441/1442 H
Name:
Student's ID Number:
CRN:
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Outline
Question one ……..Page 3
Question two……..page 4-5
Question three…….page 6-7
References………….page 8
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Question 1
Support departments also called service department is a cost center that helps internal,
operating departments. It is mainly associated with a manufacturing company, and some
examples are quality control and assurance, maintenance, purchasing and packaging department,
information technology, etc. (Balachandran, & Magee, 1987).
Support costs are allocated to other departments to spread costs with an aim of
minimizing risk of one department, to determine profitability at departments level, financial
reporting purposes and reasons to fund some more activities. There are three most uses processes
of al...