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College of Administration and Finance Sciences
Assignment (2)
Deadline: Saturday 30/07/2022 @ 23:59
Course Name: Cost Accounting
Student’s Name:
Course Code: ACCT301
Student’s ID Number:
Semester: Summer
CRN:
Academic Year: 1443 H
For Instructor’s Use only
Instructor’s Name: Habiba Moabber
Students’ Grade:
/10
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.
College of Administration and Finance Sciences
• All answers 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.
Assignment Question(s):
(Marks 10)
Q1. Calculate B.E.P. in units from the following Information: (3 marks)
(a) Sales $ 100,000, Variable Cost $, 50,000, Profit $, 20,000, Units Produced=
5000 units
(b) Fixed Cost $= 40,000, Selling price $= 80, Variable cost $= 40
Answer:
Q2. Prepare Journal Entries from the following information relating to Job Costing.
(4 marks)
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 totalling $ 2,000 are accrued; 80 % of these costs are direct labour
and 20% 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.
f)
Job No. 1205 is shipped to the customer, who is billed for $ 5,000.
Answer:
College of Administration and Finance Sciences
Q3. In your own words, discuss how WA and FIFO calculate EUP. Give proper
examples. (1.5 marks)
Answer:
Q4. What are “Transferred-in costs” and Spoilage costs? And how they affect EUP
calculations? (1.5 marks)
Answer:
‫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 2
Project Management (MGT 323)
Due Date: 06/08/2022 @ 23:59
Course Name: Project Management
Student’s Name:
Course Code: MGT323
Student’s ID Number:
Semester: Summer Semester
CRN:
Academic Year:2021-22
For Instructor’s Use only
Instructor’s Name:
Students’ Grade: /15
Level of Marks: High/Middle/Low
General 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. Peer-Reviewed Journals are required as
references.
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.
• Do not make any changes in the cover page.
Assignment Workload:
• This Assignment comprise of a Case Study and Discussion questions.
• Assignment is to be submitted by each student individually.
Assignment Purposes/Learning Outcomes:
After completion of Assignment-2 students will able to understand the
1. Defining the concepts, theories and approaches of project management. (L.O-1.1)
2. Analyze to work effectively and efficiently as a team member for project related
cases. (L.O-3.1)
3. Evaluate to monitor and control the project. (L.O-3.2)
Assignment-2: Case Study & Discussion questions
Assignment Case study Question:
(Marks 9)
Please read the Case-8.3 “Tham Luang Cave Rescue.” from Chapter 8
“Scheduling Resources and Costs” given in your textbook – Project
Management: The Managerial Process 8th edition by Larson and Gray page
no: 304-307 also refer to specific concepts you have learned from the chapter
to support your answers. Answer the following questions for Part-1, Part-2.
Part-1: Case study questions
1. How did the physical environment of the cave affect the rescue
plan? Explain in 250 words (3 Marks).
2. How did the rescue team respond to the risks of the project?
Explain in 250 words (3 Marks).
3. Some have called the rescue a miracle and that luck was the
decisive factor. Do you agree? Explain in 150 words (3 Marks)
Part-2: Discussion questions
Please read Chapter 8 Pg-No. 279 & 281 carefully and then give
your answers on the basis of your understanding.
4. Why would people resist a multi project resource scheduling
system? (3 Marks) (200 words)
5. What do you think would have happened if the Washington
Forest Service did not assess the impact of resources on their
two-year plan? (3 Marks) (200 words).
Answers:

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