ACCTG 101 - Costing, Budgeting and Profit Analysis - University

This assignment solution for ACCTG 101 covers several key topics including cost-volume-profit analysis, cash budgeting, inventory purchase budgeting, and costing systems. The cost-volume-profit section calculates variable and fixed costs, breakeven points, and the impact of changes in costs on breakeven units. The cash budgeting section provides a three-month cash budget with detailed workings for cash receipts and payments, along with suggestions for improving cash flow. The inventory purchase budgeting section calculates required inventory purchases and gross profit. Finally, the costing system section compares traditional costing with activity-based costing (ABC) to determine product profitability, revealing differences in profit margins between the two methods. The document concludes with a reference list and emphasizes the importance of these analyses for informed decision-making. Desklib provides access to similar solved assignments and past papers for students.