Brief :
Task 1
I. The importance of management accounting information as a decision-making tool for department managers.
II. Job costing systems.
Provide an explanation of managerial accounting reports different types of managerial accounting reports. Examples such as Scheduled report; Exception report; Demand report etc.
- Explain why it is important for information presented to management to be in a format that can easily understood You will need to build on PI & P2 to evaluate the benefits of management accounting systems and their application within the context of Tech (UK) Limited. For example-
- Emphasise more on critical review on HOW, management accounting systems and management accounting reporting is integrated within the system.
- Learners should find points in favour and against the integration itself. Learners are expected to;
- This is a pure mathematical problem. However, not necessarily all the learners should have the same answer, but the process and steps of the calculation should be assessed to get a pass.
- You will need to show calculation of profits using Absorption costing method You will need to show calculation of profits using Marginal costing method
Task 2
For the month of September (based on the example given in the assignment brief) using;
I. Absorption costing and
II. marginal costing methods
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