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Report on Explaining Business Activities

   

Added on  2020-05-28

14 Pages3325 Words73 Views
Running head: MANAGERIAL ACCOUNTINGManagerial AccountingName of the Student:Name of the University:Author’s Note:Course ID:
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MANAGERIAL ACCOUNTING1Executive Summary:ABC and TDABC process came into existence in 1980 and its founder is Robert Kaplan. Thishas been analysed that the traditional costing system was not that capable to distribute overheadin an effective way and this is not able to identify profitable consumers. The first section of thereport focuses on explaining the business activities of the firm. The second section of the paperfocuses on conducting an overall characteristics evaluation along with TDABC concepts. Basedon the analysis of TDABC system and after contrasting with other two models it is concludedthat this model is apt for Boral Limited in Australia. Reason behind this is that the systemprovides high visibility of efficiency and analyses the future resource demands. Boral Limited isexperiencing high competition in Australia and globally from CSR limited
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MANAGERIAL ACCOUNTING2Table of Contents1. Introduction:................................................................................................................................32. Boral Limited Company Profile:.................................................................................................33. Time-Driven Activity-Based Costing (TDABC) Theory and Features:......................................44. TDABC, ABC and Traditional Costing Differences:..................................................................55. Aptness of TDABC to Boral Limited:.........................................................................................86. Conclusion:................................................................................................................................10References:....................................................................................................................................11
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MANAGERIAL ACCOUNTING31. Introduction:The paper has an objective of analysing the aptness of implementing Activity BasedCosting System (TDABC) as per the views of a graduate consultant in a managementconsultancy firm. This has been observed that the company which is selected is Boral Limitedthat is one of the famous manufacturing companies in Australia (Afonso and Santana 2016). Thefirst section of the report focuses on explaining the business activities of the firm. The secondsection of the paper focuses on conducting an overall characteristics evaluation along withexplaining TDABC concepts. The third part centres on measuring the differences among ABC,TDABC and process of traditional costing. Moreover, the report also tends to centre on analysingthe aptness of TDABC implementation within Boral Limited. 2. Boral Limited Company Profile:Boral Limited is positioned as a global construction and building materials organization.The firm provides materials for construction and building in Australia by means of joint ventureand roof tiles and cladding within United States (Boral.com. 2018). Business segments of theorganization encompass cement and materials which attains roofing and timber products. Jointventure between Boral Limited and USG Company is accountable for producing and selling ofplasterboard and related products in Australia. Moreover, the company provides a range ofbuilding and plasterboard goods and operates its business through three segments. This includesBoral Australia, Boral USA and USG Boral that offers a range of services encompassing palletpick-up and material technical services (French et al. 2016).
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