Kieneral Scenario You are a junior management accountant for a medium-sized enterprise in the manufacturing pector. During the last senior management meeting at the business, some department manager have complained about the lack of financial information and effective communication between departments and top management to improve their decision making. Most of the departments managers are facing problems with how they can plan and control their future operations and what kinds of tools they might use to measure their operational and financial problem and dentify any unforeseen financial problems. In order to solve and reduce this problem and promote understanding between different departments in the organisation, you and you colleagues have been asked by your line manager to prepare report for intermalsen different departments with fundamentals of management accounting, which are applied to wider business envient. In this report you should cover the roles and function of the stagement account department and the use of financial data to aid planning decisions and the monitoring and controlling of finance within organisations, and introduce them with the management accounting systems operating in the organisation as well as the range of managerial accounting techniques used Assignments Brief Based on previous scenario and considering the following information regards the business 1) The business consists of different operational departments for example production department, warehousing department and sales and marketing department 2) The business mainly produces an identical type of product and sometimes produce special customized product upon request. 3) The business incurs the following cost cateries based on the activity level: Dura material Direct Labor, Variable Manufacturing Overhead Variable managerial and sales expenses, Fixed Manufacturing Overheads, and Fixed managerial and sale expenses 4) The business production budget for December 2000 : . (2 - {3 , (200 Original badet 1/12 Actual figures 30/12 units 1,0000 units upul || H1 Sales rever 100.000 On How rates 2018 4000 meterson (130cles Labour MOR] 50000 houari | 7575 475 houari || Fixed over 20,000 (8) Operating profit 20.000 In order to serve different departmental managers, you have been asked by the bodging C. Kieneral Scenario You are a junior management accountant for a medium-sized enterprise in the manufacturing pector. During the last senior management meeting at the business, some department manager have complained about the lack of financial information and effective communication between departments and top management to improve their decision making. Most of the departments managers are facing problems with how they can plan and control their future operations and what kinds of tools they might use to measure their operational and financial problem and dentify any unforeseen financial problems. In order to solve and reduce this problem and promote understanding between different departments in the organisation, you and you colleagues have been asked by your line manager to prepare report for intermalsen different departments with fundamentals of management accounting, which are applied to wider business envient. In this report you should cover the roles and function of the stagement account department and the use of financial data to aid planning decisions and the monitoring and controlling of finance within organisations, and introduce them with the management accounting systems operating in the organisation as well as the range of managerial accounting techniques used Assignments Brief Based on previous scenario and considering the following information regards the business 1) The business consists of different operational departments for example production department, warehousing department and sales and marketing department 2) The business mainly produces an identical type of product and sometimes produce special customized product upon request. 3) The business incurs the following cost cateries based on the activity level: Dura material Direct Labor, Variable Manufacturing Overhead Variable managerial and sales expenses, Fixed Manufacturing Overheads, and Fixed managerial and sale expenses 4) The business production budget for December 2000 : . (2 - {3 , (200 Original badet 1/12 Actual figures 30/12 units 1,0000 units upul || H1 Sales rever 100.000 On How rates 2018 4000 meterson (130cles Labour MOR] 50000 houari | 7575 475 houari || Fixed over 20,000 (8) Operating profit 20.000 In order to serve different departmental managers, you have been asked by the bodging C
