ACN405_Assignment_Sec 1_Shadab Shahriar Bhuiyan.pdf - Term Assignment Submitted by Shadab Shahriar Bhuiyan(ID 1710366 Submitted to CPA Naheem Mahtab

ACN405_Assignment_Sec 1_Shadab Shahriar Bhuiyan.pdf - Term...

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1 Term Assignment Date of Submission: 21 st September, 2020 Submitted by: Shadab Shahriar Bhuiyan (ID: 1710366) Submitted to: CPA Naheem Mahtab Course Title: Cost Accounting I Course Code: ACN 405 Section: 01 Semester: Summer 2020
2 Contents Company Overview: ................................................................................................................................... 3 Products: ...................................................................................................................................................... 3 Projected Financial Statements ................................................................................................................. 4 Income Statement .................................................................................................................................... 4 Balance Sheet ........................................................................................................................................... 5 Statement of Cash Flows ........................................................................................................................ 6 Revenue Calculation ................................................................................................................................... 7 Figuring out the fixed and variable cost of different products: .............................................................. 7 Assigning jobs to each product .................................................................................................................. 9 Identification of the Activities .................................................................................................................... 9 Profit and Loss using Simple Costing ....................................................................................................... 9 Profit and Loss using ABC ....................................................................................................................... 10 Manufacturing Account ........................................................................................................................... 11 Cash Budget ............................................................................................................................................... 11 Capital Budgeting: .................................................................................................................................... 12 Reference: .................................................................................................................................................. 13