Escolar Documentos
Profissional Documentos
Cultura Documentos
GROUP ASSIGNMENT
INSTRUCTION
For this assignment, students are required as a group (4 students per group) to
(i) identify a manufacturing firm (can be a company or SME) that uses job order
costing or process costing.
(ii) interview the owner / manager / accountant about the cost accumulation (job
order or process or department), cost measurement (actual, normal costing or
standard costing), cost assignment and the documents the business uses to
accumulate product / service costs.
(iii) apply the knowledge learnt on cost classification and costing system in this
course to the organization.
(iv) write a report that summarizes the information that you have obtained from
the interview.
(d) A description of the costing system of the firm including the cost
accumulation, cost measurement and cost assignment (tracing and
allocation) method used
(e) Suggestions to improve the costing system and justification.
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Assessments:
Marks are allocated based on the followings: