Describe purpose of an effective cost accounting system

Assignment Help Cost Accounting
Reference no: EM131416305

Assignment

Consider the places of employment of the team members or businesses with which the team is familiar and the industries in which they operate.
Create a 12-slide presentation, including detailed speaker notes that act as the script of the presentation or a voiceover, of an analysis of cost accounting systems. Include the following in the presentation:

· Describe the purpose and elements of an effective cost accounting system.

· Differentiate the 3 types of cost accounting systems (job order, process, and hybrid). Include detailed descriptions of each.

· Determine when and why it is appropriate to use each type of system and include an explanation.

· Recommend the best accounting system for the team members' respective places of employment or a business where they are interested in pursuing employment. Provide a rationale for the recommendations. If not enough information is available for all companies, provide suggested considerations needed to make the determination.

Format the assignment consistent with APA guidelines.

Reference no: EM131416305

Questions Cloud

Discuss about the image vs service marketing : The "product" being marketed (e.g. good, service, idea, organization),The medium being used (e.g. newspaper, magazine, radio, television, billboard, internet),The placement of the promotional piece (e.g. location in newspaper, time of day for radio s..
Should kelly and trent be reprimanded for insubordination : How should the management team at Bally Hoo make an informed judgment about the future demand for retro clothing styles?
Requirements and professional style requirements : Assess strengths and weaknesses in the student's own oral communication and in the oral communication of others and Use sentence variety, effective word choice, and correct grammar in oral communication.
Find the given probabilities for x : Find the given probabilities for X = pulse rates of women, for which the mean is 75 and the standard deviation is 8. Assume a normal distribution.
Describe purpose of an effective cost accounting system : Describe the purpose and elements of an effective cost accounting system. Differentiate the 3 types of cost accounting systems (job order, process, and hybrid). Include detailed descriptions of each.
What is a real-time system : What is a real-time system (RTS) and what are its main characteristics?
Overall impact to digital communication : What would be the overall impact to digital communication without data integrity.
What kind of worker could perform well in such a position : At one time, some companies hired talented people at a good salary with the assignment to simply "do something useful, and profitable." Were these hiring managers irresponsible? What kind of worker could perform well in such a position?
Shade the area corresponding to the desired probability : Draw the density curve corresponding to each of the following random variables, and then shade the area corresponding to the desired probability. You do not need to compute the probability.

Reviews

Write a Review

Cost Accounting Questions & Answers

  Cost accounting assignment

Evaluate Method of measuring costs associated with production, budgeting process, normal job-order costing system , master budget, cycle time.

  Prepare the journal entries

Prepare the journal entries to record the bond issue and interest expense.

  Advise as to the liability of all the parties

Write a report on given case study and Advise as to the liability of ALL the parties both under common law and the Corporations Law.

  Prepare revenues budget

Prepare Revenues budget and Production budget in units

  Effect of exchange rate changes on cash and cash

Effect of exchange rate changes on cash and cash

  Corporate governance

You are to reflect on how this case of China Sky relates to what the arguments for and against allowing audit firm partners and/or employees to join audit committees.

  Cost-benefit analysis

A cost-benefit analysis of electronic medical records in primary care

  Non-annual interest rates and annuities

Theory of Interest- Non-annual interest rates and annuities

  Job costing in service organizations

How is job costing in service organizations different from job costing in manufacturing environments?

  Accounting for bad debt expense

Accounting for bad debt expense

  Accounting and partnership problems

Accounting and Partnership problems

  Development of relevant cash flows

Development of relevant cash flows - Cost estimating and financial analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd