Managing Accounting: Costing and Budgeting

Contents
Introduction11
1A) Identify and classify types of be incurred in Seagate applied science with an appropriate toll classification.11
1B) Explain the need for, and operation of, several(predicate) representing methods on the information given the above scenario.13
1C) answer for costs using appropriate techniques for the products Drive A and B.17
1D & amp; 2A) On the basis of your cost classification in the above, gift your analysis in graphical format such as histogram or other format which you deem is appropriate as well as prep ar and analyze routine cost reports.20
2B) Calculate and evaluate indicators of productivity, efficiency and effectiveness.22
2C) Explain the principles of quality and value, and separate potential improvements.26
Conclusion2
Reference2

Introduction
1A) Identify and classify different types of cost incurred in Seagate Technology with an appropriate cost classification.
harmonize to Management Accounting Costing and Budgeting course book, there are many ways to classify the cost such as for the purpose of stock military rating and profit measurement or for the purpose of decision making. In the purpose of stock valuation and profit measurement, we can divide the costing system into manoeuver material, direct manufacturing labor and manufacturing overhead cost.





* Direct material: is wholly material directly involved to produce the product (unless employ in negligible amounts and/ or having negligible cost). Direct materials cost are the costs of material that are used in making and selling a product.

* Direct manufacturing labor: is in all employee or worker who are directly involved in the production of goods and service (http://www.businessdictionary.com/definition/direct-labor.html). Direct manufacturing labor cost is the specific costs of workforce used to make a product or provide service.

* Manufacturing overhead: include all indirect material cost, indirect wages and indirect expenses incurred by a business....If you want to get a full essay, hostelry it on our website: Orderessay



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