Accounting assignment help services are provided by experts in Canada and pave way for a lot of dilemmas for students; which one to choose among others. In a hurry of choosing a hassle-free accounting writing service, students often end up selecting one that is not able to cater to all their requirements. To clear this doubt for you, My Assignment Services Canada presents a brief approach to an assignment in accounting to let you know how we work. With this, you will understand the concepts better.
The first and foremost step that you need to check before picking up an expert for your work is to see them working. Unlike other assignment providers, we believe in keeping everything transparent with you.
This is why our accounting assignment help providers have brought this accounting assignment sample for your reference. Let us now discuss MAA262 Management Accounting assignment 2 briefly. Here is an overview of how we approach these assignments.
The unit covers several topics in management accounting areas as costing, performance management and budgeting. Our accounting assignment help experts have guided students on several assignments on management accounting within the boundaries of the contemporary business environment, evaluating performance in an organisation, traditional V/S modern methods of costing, flexible budget, budgeting standard costing, variance analysis and more.
Now, let us proceed with the assignment.
Let us see the MAA262 Assessment 2 questions which the students brought to us. With each question, our accounting assignment writers will also discuss the approach to answer the question. This will make it easier for you to understand.
Here as you can see, there is a lot of information such as the cost of each barbecue, cost of each balloon, total earned cost, the cost paid to the supplier, remuneration, etc.
Based on the information given, our accounting assignment help experts display the income statement for both balloons and barbecue in the first question.
In the income statement, we highlight the total amount by selling balloons and barbecue and the cost of sold goods to find the net operating profit. Using these figures, we reached the net operating profit at the end of the income sheet.
In the second question, there is a table given as shown in the image above. In the table, the data for four activities performed by John and Paul are given. These are:
In this question, our accounting assignment writers prepared another table that depicts labour cost per person and the total labour costs. We used the exhibit 7-6 as a model.
Also, by using exhibit 7-7 as a model, we calculated the rate of activity for each of the activities as mentioned in the table. We identify the most expensive activity and state the reasons for the same.
In the end, our accounting assignment help experts demonstrate an activity-based costing product margin that covers the total sales of both the products. Here, we do not consider overhead and sales.
For the third question, we work upon activity-based costing for the sale of barbecues. Here we include the overhead and sales that we excluded in the previous section. In the same manner, we calculate the costing for the sale of the balloon including the overhead and sales as well.
In the fourth question, our accounting assignment help experts discuss whether or not Paul is correct or not saying that his friend has not contributed to the enterprise. In the same way, we also justify whether Ringo is correct or not about selling balloons as a bad idea. In the end, we evaluate the performance of both the objects and the activities associated with it.
In the fifth question, as you can see, there is an account of the that the friends have come out with to compare the actual results. With this information, our accounting assignment help experts prepare the budget. Then compare it with the results, we identify the activity variances, spending variances as well as the revenue. At last, we put forth our own opinion about who is to be blamed for the differences between the planning budget and the actual results.
In this question, we calculate a lot of elements like the material price variances, total variance etc for the barbecue sold. In the next part, our accounting assignment help experts also do the same for the balloons.
Though we have tried to incorporate all the vital elements of these questions in this blog, there remains a lot of concepts that need a deeper analysis of them. To get a complete solution to this file or similar kinds of files, you can simply get in touch with our accounting assignment writers.
We, at My Assignment Services, have maintained an easy order placing portal for every student. You just need to fill in the order now form, let us know the requirements of the assignment and you are good to go. Our experts will provide you with a high-quality accounting writing services at your doorstep.
We also have a wide range of value-added services for you that will make the process smoother for you. To know more about our services and benefits that we offer you, you can get in touch with us today.
Julia Martin has been a teacher, private academic expert and has held the position of an accounting manager at a firm in Melbourne. She joined My Assignment Services as an accounting assignment writing expert and have grown since then to become one of the best accounting assignment experts in the assignment help industry. She has worked with students of several universities and has even aided students from Singapore, the United Kingdom, etc. with her expert consultation. She writes blogs for students to help them understand the accounting assignments’ concepts, principles and theories.
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