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Question Description

I’m working on a accounting multi-part question and need support to help me study.

College of Administrative and Financial Sciences
Assignment 3
Deadline: 10/04/2021 @ 23:59 (End of week 12)
Course Name: Cost accounting
Student’s Name:
Course Code: ACCT 301
Student’s ID Number:
Semester: 1
Academic Year: 1441/1442 H
For Instructor’s Use only
Instructor’s Name:
Students’ Grade:
Level of Marks: High/Middle/Low
Obtained / Out of
Instructions – PLEASE
• 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
• 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 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.
Q1 What are support departments, and why are their costs allocated to other departments?
What process is used to allocate support department costs?
(1.5 Marks, week 10 materials)
Q2 How are joint costs allocated? Explain and analyze using numerical example.
(1.5 Marks, week 11 materials)
Q 3 How are budget variances calculated and used as performance measures? Provide
numerical example?
(2 Marks, week 12 materials)

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