HND Business, Management Accounting, UKCBC

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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