Accounting Managerial Assignment to be shared with you, could you share it with me please.

The answer to be in approximately 3000-5000 words.

OBJECTIVES Student should be able to: i. Understand the relationships amongst cost objects, cost drivers and cost accumulation; ii. Highlight the implementation issues and evaluate the effectiveness of the ABC system in most contemporary businesses. TASK Activity-based Costing (ABC) ?Activity-based costing (ABC) has been embraced by a wide variety of organisations including Citi Group, Coca-Cola, Fairchild Semiconductor, DBS Group, Tata Group and BHP Billitons, as well as government. ABC is a costing method that is designed to provide managers with cost information for strategic and other decisions that potentially affect capacity and therefore ?fixed? as well as variable costs. ABC is ordinarily used as a supplement to, rather than as a replacement for, a company?s usual costing systems?. Garrison et. al (2012) Required: a. Discuss major issues that are often faced by the implementers of ABC systems, from the point of view of the number of activity and the selection of activity drivers. [30 marks] b. What are the potential solutions to the issues mentioned in part (a) above? [30 marks] c. From your answer in part (b) above, do you think the ABC systems will improve a company's competitive position in the contemporary business environment? Explain. [40 marks] [TOTAL: 100 MARKS] BMAC5203/AOU/JAN16/A-KK 3 Note: If you are referring to other people?s work, you must cite them accordingly. Where possible, the references should be the latest (year 2010 onwards).

* Plagiarism is not acceptable. If you are not sure what is meant by plagiarism, refer to the various websites which discuss this matter, e.g. owl.english.purdue.edu/handouts.

BMAC5203/AOU/JAN16/A-KK OUM BUSINESS SCHOOL ASSIGNMENT SUBMISSION AND ASSESSMENT _________________________________________________________________________ BMAC5203 ACCOUNTING FOR BUSINESS DECISION MAKING JANUARY 2016 _________________________________________________________________________ INSTRUCTIONS TO STUDENTS 1. This assignment contains question that is set in English. 2. Answer in English only. 3. Your assignment should be typed using 12 point Times New Roman font and 1.5 line spacing. 4. You must submit your hardcopy assignment to your Facilitator according to the due date. 5. Your assignment should be prepared individually. You should not copy another person's assignment. You should also not plagiarise another person's work as your own. EVALUATION This assignment accounts for 60% of the total marks for the course. 1 BMAC5203/AOU/JAN16/A-KK OBJECTIVES Student should be able to: i. Understand the relationships amongst cost objects, cost drivers and cost accumulation; ii. Highlight the implementation issues and evaluate the effectiveness of the ABC system in most contemporary businesses. TASK Activity-based Costing (ABC) \"Activity-based costing (ABC) has been embraced by a wide variety of organisations including Citi Group, Coca-Cola, Fairchild Semiconductor, DBS Group, Tata Group and BHP Billitons, as well as government. ABC is a costing method that is designed to provide managers with cost information for strategic and other decisions that potentially affect capacity and therefore \"fixed\" as well as variable costs. ABC is ordinarily used as a supplement to, rather than as a replacement for, a company's usual costing systems\". Garrison et. al (2012) Required: a. Discuss major issues that are often faced by the implementers of ABC systems, from the point of view of the number of activity and the selection of activity drivers. [30 marks] b. What are the potential solutions to the issues mentioned in part (a) above? [30 marks] c. From your answer in part (b) above, do you think the ABC systems will improve a company's competitive position in the contemporary business environment? Explain. [40 marks] [TOTAL: 100 MARKS] 2 BMAC5203/AOU/JAN16/A-KK Note: If you are referring to other people's work, you must cite them accordingly. Where possible, the references should be the latest (year 2010 onwards). Assignment Format: a. Use double space and 12-point of Times New Roman font. b. The assignment should contain about 3000 - 5000 words (15 - 20 pages) c. Provide reference using the American Psychological Association (APA) format d. References should be latest (year 2010 onwards) Notes: Assignments should be submitted according to the due date. Plagiarism is not acceptable. If you are not sure what is meant by plagiarism, refer to the various websites which discuss this matter, e.g. owl.english.purdue.edu/handouts. 3