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assgt_1__acct301.docx

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Assignment 1 Cost accounting
Last Date for Submission 2nd February 2019
You are required to work in this assignment individually.
Any suspicious activities will result zero grade in this assignment.
Student Name
…………………………….. Student ID
Assignment
Course
1
Cost Accounting
……………… CRN ………
Marks
……/ 10 Points
Course Code
ACCT 301
End week 4
Uploading
End of week 3
Submission
Date
Sat 26 /01/2019
Date
Sat 02/02/2019
The assignment is covering week 2, week 3 and week 4 materials.
Week 2: The Role of Accounting Information in Management Decision Making
Week 3: The Cost Function
Week 4: Cost – Volume – Profit Analysis
Instructions:

Students must include these details (Name, Student ID, CRN, Date of submission)

Do NOT remove the questions in the answer papers. But write your answers below each
question.


Answer the ALL questions.

Assignments should be submitted in MS Word format

Font should be Times New Roman with 14 points.

You are required to work in this assignment individually.

You should submit the assignment via the Blackboard.

Students who submit assignments after deadline, will get ZERO.
If you engaged in plagiarism, you will get ZERO marks in the assignment or course.
Q1.
How can managers make higher-quality decisions? Give an example of
decision made by one company and discuss how the mangers will make high quality
decision? (3 Points)
Q2.
Give a numerical example of cost function and analyze this cost function?
Discuss how is this cost function used in decision making? (3 Points)
Q3.
Find a numerical example of cost-volume-profit (CVP) analysis, and analyze
how CVP analysis is used for decision making? (4 Points)

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