Description
Assignment (1)
Deadline: Saturday 04/10/2025 @ 23:59
Course Name: Cost Accounting
Student’s Name:
Course Code: ACCT 301
Student’s ID Number:
Semester: First
CRN:
Academic Year: 1447 H
(2025-26)
For Instructor’s Use only
Instructor’s Name: Khaled Almuaqel
Students’ Grade:
/15
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
● The Assignment must be submitted on Blackboard (WORD format only) via
allocated folder.
● Assignments submitted through email will not be accepted.
● Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
● Students must mention question number clearly in their answer.
● Late submission will NOT be accepted.
● Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No
exceptions.
● All answers must be typed using Times New Roman (size 12, double-spaced) font.
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College of Administration and Finance Sciences
No pictures containing text will be accepted and will be considered plagiarism.
● Submissions without this cover page will NOT be accepted.
Assignment Questions:
(Marks 15)
1. A company provided the following information regarding its units produced and
total cost incurred:
Units Produced
Total Cost (SAR)
5000
20,000
7400
27,200
Using Two-Point Method you are required to determine:
(2+2+1 Marks)
a) Variable Cost per unit
b) Total Fixed Cost
c) Cost Function
2. Bill’s Briefcases makes high quality cases for laptops that sell for $200. The
variable costs per briefcase are $80, and the total fixed costs are $360,000.
Currently bill’s salespersons have salaries totaling $80,000 (included in Fixed
Cost of $360,000) and earn a 10% commission on each unit ($20 per briefcase).
He is considering an alternative compensation arrangement where the salaries
are decreased to $30,000 and the commission is increased to 20% ($40 per
briefcase).
You are required to:
(2+3 Marks)
a) Compute the Break Even Point in units under the proposed alternative.
b) Compute the volume of sales in units for which Bill is indifferent
between the two alternatives.
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College of Administration and Finance Sciences
3. Prepare Journal Entries from the following information relating to Job Costing.
a) The material storeroom receives a shipment of direct and indirect materials
that cost $ 12,000.
b) Materials are sent to the stamping and assembly areas. The Cost of the
direct materials is $ 1,500 and the cost of the indirect materials is $ 900.
c) Wages totaling $ 2,000 are accrued; 70 % of these costs are direct labour
and 30% are indirect labour.
d) Overhead costs are allocated to work in process using an allocation rate of
150% of direct labour costs.
e) Job No. 1205, with a total cost of $ 2,500 is completed.
(5 X1 Mark)
Answers:
Question 1:
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College of Administration and Finance Sciences
A- Variable cost per unit
Change in TC = 27,200 – 20,000 = 7,200
Change in units = 7,400 – 5000 = 2,400
VC per unit = 7,200 / 2,400 = SAR 3 per unit
B- Total Fixed cost
5000 units used:
20,000=F+(3×5,000)
TC=F+V x Q
F= 20,000 – 15,000 = SAR 5,000
7,400 units used:
27,200= F+(3×7400)
TC=F+V x Q
F= 27,200 – 22,200 = SAR 5,000
C- Cost function
Tc =5000+3 x Q SAR
Q means no. Of Units
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College of Administration and Finance Sciences
Question 2:
A- F = 360,000 -50,000 = $310,000
V= 80+20 =$100
Units required for BEP = (310,000+0) / (200-100)=3,100
B- CM per unit:
Current plan
Proposed plan
CM Per Unit
$120
$100
TFC
$360,000
$310,000
Profits current plan=120Q-$360,000
Profits proposed plan = $100Q-$310,000
$120Q-$360,000=$100Q-$310,000
$120Q-$100Q=$360,000-$310,000
20Q=$50,000Q = $50,000 / $20 = $2,500
Question3:
Answers
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Dr.
Cr.
College of Administration and Finance Sciences
Raw material Inventories
1
2
12,000
Account payable
12,000
Work in process inventory
1500
Overhead cost control
900
Raw materials inventory
3
2400
Work in process inventory
1400
Overhead cost control
600
Wages payable
Work in process inventory
4
2000
2100
Overhead cost control
Finished goods inventory
5
Work in process inventory
2100
2500
2500
Reference:
Eldenburg, L. G., & Wolcott, S. K. (2011). Cost Management: Measuring, Monitoring, and
Motivating Performance. Wiley.
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College of Administration and Finance Sciences
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المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Assignment 1
Logistics Management (MGT 322)
Due Date: 04/10/2025 @ 23:59
Course Name: Logistics Management
Student’s Name:
Course Code: MGT322
Student’s ID Number:
Semester: First
CRN:
Academic Year:2025-26-1st
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: / 10
Level of Marks: High/Middle/Low
General Instructions – PLEASE READ THEM CAREFULLY
●
●
●
●
●
●
Restricted – مقيد
The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced for poor
presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other resources
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
College of Administrative and Financial Sciences
●
●
Restricted – مقيد
without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures
containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
College of Administrative and Financial Sciences
Logistics Management
ASSIGNMENT -1
Submission Date by students: Before the end of Week- 5th
Place of Submission: Students Grade Centre
Weight:
10 Marks
Learning Outcome:
1. Demonstrate a deep understanding of the logistic function concepts and theories as well as supply
chain management strategies.
2. Demonstrate the ability to understand complex issues pertaining to supply chain integration and
strategic supply chain partnership.
Assignment Workload:
This assignment is an individual assignment.
Critical Writing
Critical writing involves logically connecting ideas, evaluating information to understand a problem or
topic from several perspectives, and expressing your own opinion on the matter based on your
evaluation of the available data.
The purpose of this assignment is to determine logistics performance priorities by applying supply chain
management and logistics concepts and practices. For this reason, secondary data should be used to find
and assess food chain companies. Think about the materials and concepts you have learned in this
course and how you can apply them.
Write about the logistics performance priorities of any local or international Food Chain company in
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Kingdom of Saudi Arabia
Ministry of Education
Saudi Electronic University
المملكة العربية السعودية
وزارة التعليم
الجامعة السعودية اإللكترونية
College of Administrative and Financial Sciences
KSA of your choice. Explain why you have come to your conclusions:
The Answer must follow the outline points below:
1. Executive summary (2 Mark, Max word count 200-250)
– Summarize what is logistics performance priorities, and what Logistics and Supply Chain Management
concepts/tools applied to achieve the company’s objective.
2. Background information (2 Mark, Max word count 200-250)
– Briefly introduce the company background (e.g., name, products, business size, location,
internal/external interesting facts, etc).
3. Problem Description (2 Mark, Max word count 200-250)
– Describe the objectives clearly and specifically.
– The objective may involve either logistics decision-making or process improvement.
4. Application of logistics and SCM concepts/tools that were applied (2 Mark, Max word count 200250)
– Describe what specific logistics and Supply Chain Management concepts/tools be applied to achieve
the objective. This section should make it clear that you understand the concepts/tools you are about to
use.
5- Conclusion and results (1 Mark, Max word count 100-150)
– Analyze the expected results / the proposed solution.
6. References at least 8-10. (1 Marks)
Note: Use APA style of referencing
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