Management accounting

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select a product you would like to manufacture. (omani halwa, cake, bread, chocolate, pastries, abaya, perfume or anything that’s of your interest.

You are then going to research about the product and write a report.

REPORT CONTENT

➢ Identify and classify the cost of the product.

➢ Calculate the Product cost and period cost.

➢ Calculate the cost per unit of the product produced.

➢ Identify and explain the process costing that is been used.

➢ Identify Variable cost and Fixed cost and Calculate the break-Even point for your manufacturing company and explain the Importance of Cost benefit analysis for effective management decision making in your manufacturing company.

➢ Prepare a Sales budget, Production budget and Manufacturing Overhead Budget

➢ Budgeted Income Statement explain the importance of budgeting in your company.

ORAL PRESENTATION

➢ Maximum 10 minutes per group

➢ All members must be present

➢ Overall team work presentation with slides (no reading slides)

Requirements:

i. This report should be word-processed (using 12-point font size) and should not exceed 1,500 words (a word count needs to be included immediately after your recommendation section.

ii. Use APA referencing format

iii. Proper referencing of any research articles/materials used in this project must be provided throughout your report and in a Reference Section at the end of your report.

SUGGESTED REPORT FORMAT:

• Cover page

• Table of contents

• Introduction

• Explanation of the topic

• Conclusion

• Reference listAppendices

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Management accounting

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