management accounting

Management Accounting : Explain the uses of activity-based costing in the service industries.

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Management Accounting. XYZ Ltd. currently make and sells four products. They provide you with their details and relevant information for one period in the following table. As you have recently just learnt about activity-based costing (ABC) you decide to experiment by applying the principles of ABC to the four products. Product                          … Read more

Activity Based Costing System : with reference to the potential activities for a preschool as highlighted in the case study and your knowledge of cost hierarchies or ABC hierarchy of activities, select five of these activities to be used as cost pools and discuss you selection.

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Activity Based Costing System Company management recently had a meeting to discuss investment in different industry or sector. David Smith, a management staff drew their attention to prospect of investment in schools (private education) and they settled on opening a preschool. However, Smith’s concern was in relation to his limited knowledge about the activities that … Read more

Critically discuss the role of ethics, environment and sustainability for a business and their implications on company performance and strategy.

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1)Critically discuss the role of ethics, environment and sustainability for a business and their implications on company performance and strategy. (8 marks) 2)Choose one option from the following: Option 1: Critically discuss the role of management accounting for managers in key areas decision making and how its role is changing in 21st century in managing … Read more