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BAAC 2101 - Cost Accounting - Al Musanna College of Technology
DESCRIPTION
Each group of students will be assigned one of the following companies listed at Muscat Securities Market. You are required to download the financial statements of the company along with its Notes to the Accounts, and then:
• Provide a comprehensive introduction of the company.• Using the financial statements:
Question 1: List down the different manufacturing and non-manufacturing expenses from Income Statement. Each head of expenses should be followed by the complete details provided in Notes to the Accounts.
Question 2: Classify each manufacturing cost as material, labor, or overhead cost. Follow the sample format below.
Question 3: Define each of the expense either as fixed or variable according to your understanding & judgement.
Companies
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