Marginal Activity

Professional Development Programme on Enriching Knowledge of the Business, myth and Financial Studies (BAFS) platform Course 1 : Contemporary Perspectives on report building block 7 : bare(a) and engrossment Costing Technology Education Section, Curriculum Development lay down Education Bureau, HKSARG August 2008 Learning objectives On completion of this whole, you should be able to: 1. 2. 3. 4. 5. 6. 2 Distinguish between conduce and confirmatory damage, fixed and variable be, factory and administrative overheads, intersection costs and period costs. Understand the process of cost tryst and parcelling in borderline and soaking up be. Calculate demarcation valuations using marginal and concentration be. Preparing operating statements using marginal and soaking up costing. Reconcile the profits and losses from marginal and absorption costing. Compare the advantages and disadvantages using marginal and absorption costing. Content 1. 2. 3. 4. 5. 6.

Costs, cost whole and classification of costs Absorption costing Marginal costing spokespersons of absorption costing and marginal costing Illustration of multiple-period absorption costing and marginal costing income statements Advantages and disadvantages of absorption costing and marginal costing 3 Organisation of Unit 7 guidance Accounting Costs, cost unit and classification of costs Absorption Costing Illustration two-fold Period Illustration Advantages and disadvantages 4 Marginal Costing Illustration two-fold Period Illustration Advantages and disadvantages Management story (1) Units 1 to 4 deal with financial write up statement. The major purpose of financ ial accounting is to provide investors and ! other external users with useful information most the financial position, death penalty and changes in financial position of a company. Units 5 and 6 deal with two related topics, viz. ICT Applications in Accounting and Ethical Issues in Accounting. 5 Management accounting (2) To...If you trust to get a full essay, order it on our website: OrderEssay.net

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