Management Accounting
FACULTY OF BUSINESS & MANAGEMENT
SEMESTER: MEI 2013
BBAP 2103
COURSE: BACHELOR (HONS) MANAGEMENT (BIM) (A7470)
COURSE TITLE: MANAGEMENT ACCOUNTING
MATRICULATION NO : RF179118001 IDENTITY CARD NO : RF179118 TELEPHONE NO : 0167386906 E-MAIL : vnod_86@yahoo.com LEARNING CENTRE : SEAMEO RECSAM LEARNING CENTRE
Table of Contents
1.0 Introduction of the company
2.0 Explanation on the purposes of product cost information is required
2.1 Planning
2.2 Cost controlling
2.3 Decision making
3.0 Features of job order costing
3.1 Source documents used in job order costing system
3.1.1 Job Cost Sheet
3.1.2 Material Acquisition Form
3.1.3 Time Ticket
4.0 Description of manufacturing overheads allocation and its problems
4.1 How manufacturing overheads are allocated among different jobs
4.1.1 Direct labor hours
4.1.2 Machine hours
4.2 Main problem of using unsuitable base for overheads allocation
5.0 Summary
6.0 References
1) One of the companies that used job orders product costing system is (not needed)
2) the point for able to identify and discuss the problem of using unsuitable base is not enough, from the reading, it is only one, since this section carries a lot of mark, you can mention it cause unfair performance measurement, this will result in motivation effect to the divison manager, find some negative human effect to add on to your point
1.0 Introduction of the company
Asia Print was established in 1985. This company provides printing services in Malaysia, United States, Italy, Australia and Europe. Asia Print has 18 years of experience in the print industry and headquartered in Subang Jaya, Selangor, Malaysia with a workforce exceeding 3,000. 2000 people among workforce are professionals and balances 1000 are still under training. Further plant was established in Shenzhen, China in 1998 and Hat Yai, Thailand in 2000. Both plants are equipped with
SEMESTER: MEI 2013
BBAP 2103
COURSE: BACHELOR (HONS) MANAGEMENT (BIM) (A7470)
COURSE TITLE: MANAGEMENT ACCOUNTING
MATRICULATION NO : RF179118001 IDENTITY CARD NO : RF179118 TELEPHONE NO : 0167386906 E-MAIL : vnod_86@yahoo.com LEARNING CENTRE : SEAMEO RECSAM LEARNING CENTRE
Table of Contents
1.0 Introduction of the company
2.0 Explanation on the purposes of product cost information is required
2.1 Planning
2.2 Cost controlling
2.3 Decision making
3.0 Features of job order costing
3.1 Source documents used in job order costing system
3.1.1 Job Cost Sheet
3.1.2 Material Acquisition Form
3.1.3 Time Ticket
4.0 Description of manufacturing overheads allocation and its problems
4.1 How manufacturing overheads are allocated among different jobs
4.1.1 Direct labor hours
4.1.2 Machine hours
4.2 Main problem of using unsuitable base for overheads allocation
5.0 Summary
6.0 References
1) One of the companies that used job orders product costing system is (not needed)
2) the point for able to identify and discuss the problem of using unsuitable base is not enough, from the reading, it is only one, since this section carries a lot of mark, you can mention it cause unfair performance measurement, this will result in motivation effect to the divison manager, find some negative human effect to add on to your point
1.0 Introduction of the company
Asia Print was established in 1985. This company provides printing services in Malaysia, United States, Italy, Australia and Europe. Asia Print has 18 years of experience in the print industry and headquartered in Subang Jaya, Selangor, Malaysia with a workforce exceeding 3,000. 2000 people among workforce are professionals and balances 1000 are still under training. Further plant was established in Shenzhen, China in 1998 and Hat Yai, Thailand in 2000. Both plants are equipped with
References: (2932 words) 6.0 Reference Don R. Hansen and Maryanne M. Mowen (2006). Cost Management Accounting & Control. Ohio: Thomas South Western. ISBN 0-324-00232-7. Langfield-Smith, Kim (2009) Blocher,Stout,Cokins,Chen: Cost Management 4e 4-6 © The McGraw-Hill Companies, Inc., 2008 OUM Module March 2011, BBP2103, MNAGEMENT ACCOUNTING: By Dnor Asma J., Nor Asma L., Junaidah H.A., Azlan Z.A., Amin a., Norazita M.A.A., Rapiah M http://www.accountingformanagement.com/job_order_costing.htm http://lms.oum.edu.my/myvle/modules/forumnew/ Akilah Abdullah et al(1999)