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ACCT301 Cost accounting Assign 1

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No plagiarism. matching ratio should not exceed 5%.

I want new text answer, not copied or rephrased.

Requirements:

Follow APA-style referencing.

Use Times New Roman (size 12, double-spaced) font.

Questions

Q1 / Provide example of one Saudi Company and analyze two examples of organizational strategies and operating plans for this example. (1 Mark)

Q2 / Abdulkrim Company manufactures a product A.The company estimates the cost function for the total costs. The cost driver is number of units.The followinginformations were collected:

MonthUnitsTotal Costs

January3,560$242,400

February3,800$252,000

March4,000$260,000

April3,600$244,000

May3,200$228,000

June3,040 $221,600

Compute a cost function using the high-low method.

(1 Mark)

Q3/ Hashim Corporation sells its product for $17 per unit.Its variable cost is $10 per unit, and total fixed costs are $800.Assuming next period’s estimated sales are 300, calculate the following amounts:

a. Degree of operating leverage

b. Margin of safety in units

c. Margin of safety in revenues

(1 Mark)

Q4/

Provide one numerical example for allocation of overhead of one job and analyze this example? (1 Mark)

Q5/

Discuss the concept of Equivalent Units in process costing and give numerical example? (1 Mark)

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