حل واجب B292 مهندس احمد 00966597837185 حلول واجبات الجامعة العربية المفتوحة
Required
(1) Pearson Company is in need of a Management Accountant. The CEO of Pearson has read widely that management accounting systems provide information, both financial and non-financial to managers and employees inside an organization.
In the above context, explain management accounting and explain how management accounting helps organizations in planning, decision making and controlling functions (40 marks)
Why change to ABC? What is different about the competitive, product, and process environment today that would cause a company to consider implementing an ABC system?(15 marks)
Give examples of how an ABC system can result in more reliable products costs than conventional labor-based product costing system.( 15 marks)
Why did the use of ABC change from a focus on generating more accurate product cost numbers to a greater emphasis on its use for cost planning and cost reduction?( 15 marks)
Explain briefly how activity-based costing (ABC) affects cost-volume-profit analysis.( 15 marks)
Arab Open University
B292: TMA – Fall Semester 2018/2019
Cut-Off Date: 30/11/2018
Part A
Managerial Accounting for Pearson Company
Pearson Company is one of the leading automobile manufacturing companies in Middle East region. The company has been known for providing best quality products and highest standards of service level for the possible selling price. Pearson’s products have been most liked by customers who are in different age groups say 18 – 55 years. The Company has been trying its best to sustain its competitive edge through its products and pricing structure.
The need for Management Accountant
Required
(1) Pearson Company is in need of a Management Accountant. The CEO of Pearson has read widely that management accounting systems provide information, both financial and non-financial to managers and employees inside an organization.
In the above context, explain management accounting and explain how management accounting helps organizations in planning, decision making and controlling functions (40 marks)
PART B
The Activity-based costing
While a form of ABC was being used by General Electric back in the sixties, widespread use of ABC didn't began in the United States until the late eighties. The early focus of ABC was on developing more reliable product cost numbers to improve firms' product-related strategies (e.g., pricing, product profitability, and product emphasis). But more recently, companies have found activity-based management to be of even greater profit.
Required:
Why change to ABC? What is different about the competitive, product, and process environment today that would cause a company to consider implementing an ABC system?(15 marks)
Give examples of how an ABC system can result in more reliable products costs than conventional labor-based product costing system.( 15 marks)
Why did the use of ABC change from a focus on generating more accurate product cost numbers to a greater emphasis on its use for cost planning and cost reduction?( 15 marks)
Explain briefly how activity-based costing (ABC) affects cost-volume-profit analysis.( 15 marks)
End of TMA
(1) Pearson Company is in need of a Management Accountant. The CEO of Pearson has read widely that management accounting systems provide information, both financial and non-financial to managers and employees inside an organization.
In the above context, explain management accounting and explain how management accounting helps organizations in planning, decision making and controlling functions (40 marks)
Why change to ABC? What is different about the competitive, product, and process environment today that would cause a company to consider implementing an ABC system?(15 marks)
Give examples of how an ABC system can result in more reliable products costs than conventional labor-based product costing system.( 15 marks)
Why did the use of ABC change from a focus on generating more accurate product cost numbers to a greater emphasis on its use for cost planning and cost reduction?( 15 marks)
Explain briefly how activity-based costing (ABC) affects cost-volume-profit analysis.( 15 marks)
Arab Open University
B292: TMA – Fall Semester 2018/2019
Cut-Off Date: 30/11/2018
Part A
Managerial Accounting for Pearson Company
Pearson Company is one of the leading automobile manufacturing companies in Middle East region. The company has been known for providing best quality products and highest standards of service level for the possible selling price. Pearson’s products have been most liked by customers who are in different age groups say 18 – 55 years. The Company has been trying its best to sustain its competitive edge through its products and pricing structure.
The need for Management Accountant
Required
(1) Pearson Company is in need of a Management Accountant. The CEO of Pearson has read widely that management accounting systems provide information, both financial and non-financial to managers and employees inside an organization.
In the above context, explain management accounting and explain how management accounting helps organizations in planning, decision making and controlling functions (40 marks)
PART B
The Activity-based costing
While a form of ABC was being used by General Electric back in the sixties, widespread use of ABC didn't began in the United States until the late eighties. The early focus of ABC was on developing more reliable product cost numbers to improve firms' product-related strategies (e.g., pricing, product profitability, and product emphasis). But more recently, companies have found activity-based management to be of even greater profit.
Required:
Why change to ABC? What is different about the competitive, product, and process environment today that would cause a company to consider implementing an ABC system?(15 marks)
Give examples of how an ABC system can result in more reliable products costs than conventional labor-based product costing system.( 15 marks)
Why did the use of ABC change from a focus on generating more accurate product cost numbers to a greater emphasis on its use for cost planning and cost reduction?( 15 marks)
Explain briefly how activity-based costing (ABC) affects cost-volume-profit analysis.( 15 marks)
End of TMA
