- The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
- Assignments submitted through email will not be accepted.
- Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.
- Students must mention question number clearly in their answer.
- Late submission will NOT be accepted.
- Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.
- All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).
- Submissions without this cover page will NOT be accepted.
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- Q1. Analyze some examples
of relevant and irrelevant Cash Flows for one Saudi Company? - Q 2 a – Discuss why managers estimate a cost function and use Cost
volume Profit analysis? Give numerical example of cost function and Cost Volume
Profit Analysis and analyze how it will be used by managers?b- Suppose actual
costs are higher than estimated cost. Analyze why you may have this difference
between actual and estimated costs? - Q 3
Altawfik Corporation is estimating the cost function for total cost of
production of product A using the two points method. The data collected for the past year is as
following:Number of units Total
Quarter produced Costs
1 4,000 $ 1,000
2 5,400 1,280
3 7,000 1,600
4 9,000 2,000
Using the two points methods, choose
two points with which you estimate the cost function. - Q 4 Give one example of
Saudi companies using job costing and one example of Saudi companies using
process costing and discuss the difference between them?
Cost accounting Assignment 1
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