Suppose you have been appointed as an employee in the accounting department of a manufacturing company which
Question:
Suppose you have been appointed as an employee in the accounting department of a manufacturing company which is very new in the market. There are some similar companies already existing in the industry. This is year 2021 and the world is passing through the COVID situation.
Requirements:
i. First mention the type of product (such as dress, food, bag, toy etc) that your company produces. Explain how your department will help the management of the company in their activities in the abovementioned environment.
ii. Explain the following topics in managerial accounting: strategic management perspective and corporate social responsibility perspective.
iii. Discuss with example the manufacturing costs and nonmanufacturing costs related to your company.
Cost Accounting A Managerial Emphasis
ISBN: 978-0133138443
7th Canadian Edition
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham