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20210227163408assgt 1 Acct 301 Questions

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Subject
Accounting
School
Saudi electronic university
Type
Homework
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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:
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.

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Q1 Provide example of one Saudi Company and analyze two examples of organizational
strategies and operating plans for this example. (1 Mark)
The example of my company is STC Telecommunication Company. The company offers
telecommunication services, does distribution of internet services and digital solutions.
Examples of two strategies are:
a.) Focus on innovations in digital and telecommunication industry.
b.) To offer solutions to a wise base of customers across the region in telecommunication,
digital, cyber security and financial technology.
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)
Highest cost
$ 260,000
Highest units
4,000
Lowest cost
$ 221,600
Lowest units
3,040

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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: 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 5 Q1 Provide example of one Saudi Company and analyze two examples of organizational strategies and operating plans for this example. (1 Mark) The example of my company is STC Telecommunication Company. The company offers telecommunication s ...
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