Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Managerial Accounting
Company Name: Aurizon holdings limited
Background:
You have been hired by the Board of Directors of your chosen company (ASX Listed) to explain how ABC model can improve the management accounting information available to its top management team (i.e. CEO and senior managers).
Required:
You are required to prepare a report to recommend about ABC model for your company. The report should cover the followings:
a) An explanation of ABC model and its features
b) An explanation of how ABC model aligns with the current goals and strategies of the company.
This explanation should include:i) An identification of the company's mission and objectives; andii) An identification of the company's corporate strategiesiii) An explanation of how ABC model assist in achieving the company's strategies.
c) Provide at least two (2) recommendations about the implementation of ABC model for your company based on your research findings.
d) Apart from ABC model, suggest one other management accounting tool suitable for your company and justify it.
Verified Expert
The assignment involves analysis of the Activity based costing as a method for replacing the traditional costing methods and how the ABC can be used to analyse the costs of manufacturing of the products to undertake right pricing of the products in the long term to make sure the products are more competitive for the company many selected for the assignment. The paper is prepared in Microsoft word with Harvard referencing".
Explain the budgeting process and its importance to a business, identifying the components of different budgets, forecast estimates for inclusion in the budgets.
Prepare a retained earnings statement for the year and Prepare a stockholders' equity section of given case.
Prepare a master budget for the three-month period.
Construct the company's direct labor budget for the upcoming fiscal year, assuming that the direct labor workforce is adjusted each quarter to match the number of hours required to produce the forecasted number of units produced.
Evaluate the Predetermined Overhead Rate
Determine the company's bid if activity-based costing is used and the bid is based upon full manufacturing cost plus 30 percent.
Complete the schedule to compute the pool rates for the different activities.
Prepare Company financial statements
This individual assignment is based on the TerraCycle Inc.
Discuss the ethical issues
Calculate the GDP in Income Approach and Expenditure Approach
A new plant accountant suggested that the company may be able to assign support costs to products more accurately by using an activity based costing system that relies on a separate rate for each manufacturing activity that causes support costs.
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd