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1-State I brief the Advantages of management accounting? (20 marks ) . . 2-Giving the following data , $190000 sales revenues -$15000 interest revenues -$10000
1-State I brief the Advantages of management accounting? (20 marks )
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2-Giving the following data ,
$190000 sales revenues -$15000 interest revenues -$10000 advertising expenses -$15000 marketing expenses -$60 000 cost of goods sold
1-draw the income statement
2-calculate the net income (20 marks )
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3-Write short notes on each of the following 20 marks
a-Direct costs
b-Indirect costs
c-Overhead costs
d-Fixed costs
4-Calculate the operating income from the following data :
Sales revenue $300000-beginning inventory $40000-ending inventory$35000-cost of goods manufactured $ 45000, marketing expenses $30000- (20 marks )
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5-How can managerial accounting help management? Give examples of your own? 20 marks
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