Management Accounting

Discuss the concept of costs and its relevant reporting for a manufacturing company and explain the importance of job order costing system and prepare the journal entries involved in recording purposes.

Question 1

Keembong is a production manager of kookies bakery which involves in making breads and pastries in Bandar Kenanga.

a) Explain how management accounting information can assist keembong in making decisions as the production manager.

Keembong is a production manager of Kookies Bakery which involves in making breads and pastries in Bandar Kenanga. a) Explain how management accounting information can assist Keembong in making decisions as the production manager. (8 marks) b) Provide TWO examples for the following costs which is commonly incurred at Kookies Bakery: i) direct material cost; (1 mark) ii) direct labour cost; and