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Assessment Task Part: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requir

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Added on  2020-05-16

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Management ACCOUNTING MANAGEMENT ACCOUNTING Author’s Note: Executive Summary: 2 Assessment Task Part: A 3 Requirement a: 3 Requirement b: 4 Requirement c: 4 Assessment Task Part: B 5 Requirement a: 5 Requirement 2: 6 Sales revenue generation under existing plan of club: 7 Sales Revenue under New Membership Plan: 8 Effect on Sales Revenue & Cash Flow: 9 Requirement 3: 9 Conclusion 10 References and Bibliography list: 11 Executive Summary: Over the last few decades, there has been significant increase

Assessment Task Part: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requir

   Added on 2020-05-16

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Running head: MANAGEMENT ACCOUNTINGManagement AccountingName of the Student:Name of the University:Author’s Note:
Assessment Task Part: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requir_1
MANAGEMENT ACCOUNTING1Table of ContentsExecutive Summary:..................................................................................................................2Assessment Task Part: A............................................................................................................3Requirement a:.......................................................................................................................3Requirement b:.......................................................................................................................4Requirement c:.......................................................................................................................4Assessment Task Part: B............................................................................................................5Requirement a:.......................................................................................................................5Requirement 2:.......................................................................................................................6Sales revenue generation under existing plan of club:...............................................................7Sales Revenue under New Membership Plan:...................................................................8Effect on Sales Revenue & Cash Flow:.............................................................................9Requirement 3:.......................................................................................................................9Conclusion................................................................................................................................10References and Bibliography list:............................................................................................11
Assessment Task Part: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requir_2
MANAGEMENT ACCOUNTING2Executive Summary:Over the last few decades, there has been significant increase in managementaccounting importance to business. Users of financial statements are provided with thefinancial information of companies with the help of financial accounting tools. Nonetheless,it is not considered relevant effective and relevant in decision making process and evaluationof overall financial performance of organizations. Such issues can be resolved using theapplication of management accounting. Potentiality of any business can be measured usingthe management accounting tools and taking managerial decisions (Cooper et al. 2017).Some of the analysis techniques used in the management accounting are techniques ofactivity based costing, make or buy analysis and relevant cost analysis. Tools and techniques can be classified under several heads as per the purpose andfunctions of organization (Suomala et al. 2014). In this particular assignment, two method ofmanagement accounting are discussed that incorporates cash flow analysis and costaccounting. Cost accounting is the technique that is used by organization for determining theprocess, products and cost associated with any project. It helps in reporting of correctamounts of costs in the financial statements and assist management in controlling, planningand ultimately making decisions. It considers several tools and techniques for thecomputation of cost of products and services that are rendered by organization. Assessmentof input costs help company in capturing cost of production allocation of overhead expensesof any particular product can be done by company using the tools of cost allocations. Activitybased cost is the most popular method of costing compared to all other techniques are theyare used by companies on wider scale (Granlund and Lukka 2016). With the help of thiscosting method, this particular costing method helps in accurately allocating the overheadcosts and appropriate determination of cost of products. Descriptions of allocation of
Assessment Task Part: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requir_3
MANAGEMENT ACCOUNTING3overhead expenses are done in the first part of assessment and allocation is done as per thebenefits derived from the allocation of overhead expenses from several activities. Cash flow analysis is explained and discussed in the second part of assignment.Business will be able to effective manage the cash flow associated with business and thepotentiality of new plan can be effectively measured using this particular technique. Analysisof cash flow of organization helps in examination of outflow and inflow of cash in anybusiness during specific period (Fullerton et al. 2014). Analysis of cash flow starts fromstaring balance and thereafter an ending balance is generated for all the expenses paid andcash receipts that are used for financial reporting. Assessment Task Part: ARequirement a:ActivityActivityCostActivity DriverAnnual QuantityCost per Unit of ActivityProcess Receivables$15,000No. of Invoices5000$3.00Process Payables$25,000Nos. of PurchaseOrders2500$10.00Program Production$28,000Nos. of ProductionSchedule1000$28.00Process Sales Order$40,000Nos. of Sales Order4000$10.00Dispatch Sales Order$30,000Nos. of Dispatches2500$12.00Load Mixers$14,050Nos. of Batches1000$14.05Operate Mixers$45,900Nos. of Kilograms200000$0.23Clean Mixers$6,900Nos. of Trays1000$6.90Move mixture to filling$3,450Nos. of Cakes/Pastries200000$0.02Clean Trays$20,000Nos. of Trays16000$1.25Fill Trays$16,000No. of Cakes/Patries800000$0.02Move to baking$8,000No. of Trays16000$0.50Set up Oven$50,000No. of Batches1000$50.00Bake Cake/Pastries$1,30,000No. of Batches1000$130.00Move to Packing$40,000No. of Trays16000$2.50
Assessment Task Part: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requirement a: 5 Requir_4

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