TIADHIRAH BINTI MOHD .

JATIKUSMA 11202115590311052425N
Nvr

Acc 46611A -1

EXERCISE 1
a) i ) Financial accounting for annually? C. used the information)
cthe
report is
prepare past
-
.

current information)
-

management accounting ( the report is

prepare daily or
Weekly) ,
( used the .

i;) It is
importance
of
management accounting for the
company because it will be used to

formulating the of the and also for the decision for the
strategy company making

company
.

b) i) Sabariah in Pn Sabari ah because every

pn .
Fixed
cost
is fixed cost month she will be
getting
the same amount of salary while for Pn Hatizah is mixed cost because
Pn Hatizah mixed
.

. ,

cost
she have both the fixed and variable . And lastly , Pn Jalilah is variable
Pn . Jalil ah variable
cost because it is
depends on unit she can
produce .
I) uncontrollable defined which has
An cost is as an
expense over a
person no
-

direct control .

Example ; depreciation insurance administrative overhead .

, , ,

i ;) -
marketing cost is defined as the all
expenses that the company makes to market and

and brand
sell its products and
develop promote its .

fees
-
Example ; advertising agency , ,
customer
surveys .

Iii) - production cost refer to all of the direct and indirect costs business face from

manufacturing a
product or
providing a service .

'

Example ; cost of materials employees wage

-

iv ) - controllable costs are those costs that can be altered in the short term .

-
Example ; direct labor direct materials donations dues and subscription .

, , ,

v1 -
Administrative costs are the expenses of an
organization incurs not directly tied to

function such manvtno tuning

a
specific as
, production or sales .

variable
✓ is costs are
expenses that changes in proportion to
-

1 sales
production
.
 is variable cost

A variable that proportion or volume The

cost is
expense change to production sales
-
-
an in

of variable is cost of wood the of study table

example cost
plank in
production
'

Ii ) Fixed cost

Fixed that will not to month For is employee

cost is an
expense going change every example
.
-

salary

iii ) semi variable cost

-
A semi variable cost
,
also known as a semi fixed cost or mixed cost is a cost
compose of
,

of both fixed and variable For example is electricity cost

a mixture
components
.
.
 management accounting is
cost accounting is
going to
more
stress because they record all the past and present
need to analyse and predict data . All the value is
life number
for the future projections based on real be accurate
which all the number must

from the
spending . It is straightforward concept .

management accounting
have the
The The cost accounting
have no
specific procedure
decision making
specific procedure where they
since the win literally follow the procedure that
be with anything The
has been made For
.

can
uncertain because example
-

procedure is
is recording all the
expenses on
on the
it is depends situation
the variable
.

cost .

All the task of the accounting is for the decision making for
purpose the cost and
the business All the information required for financial is based on
.

accounting
recorded
management accounting that has been From there the
company will make the
-

decision making for any solution based on the report

.

The benefit forgone or lost in order to

produce one

product
material semi finish
cost of changing the raw to or

finished
even good
Administration cost is
including directing and
controlling the
operation
of an
organization .