organisations selected in Q2 above. (3 marks) Part B Choose one peer reviewed journal article (from any country) on the: Use of your chosen costing system in a real-life organisation (i.e. a case-based empirical study). The article should be published between 2005 - 2020. Choose your article only after you have accessed and reviewed several relevant articles, and then choose the best article that will answer the questions below. Questions: 1. Based on your chosen costing article, briefly summarise how the costing system was designed and implemented in your real-life organisation. (3 marks) 2. Based on your chosen costing article, did the costing system in the study satisfy the features discussed in Part A (Q1)? Why or why not? Include examples in your answer from your costing article. (5 marks) 3. Based on your chosen costing article, how useful was the cost information to the internal users in the organisation? Discuss with examples from your costing article. (5 marks) 4. Based on your literature findings, state two key lessons that would inform contemporary organisations about the practical use of your chosen costing system. (5 marks) Assignment Task: You are required to conduct a literature search and critically review a costing system in this assignment Part A Choose one of the costing systems studied in this unit from the list below, and answer the questions that follow Job Costing . Process Costing Operation Costing (Hybrid Costing) Activity based Costing (ABC) Question 1. Briefly discuss the features of your chosen costing system. (3 marks) 2. Identity specific Australian companies that your chosen costing system is suitable for, and explain why [3 marksi 3. Discuss two potential uses of the cost information for decision-making to the managers in each of the 2 organisations selected in Q2 above. [3 marks) Part B Choose one peer reviewed journal article from any country on the: Use of your chosen casting system in a real life organisation (e. a case-based empirical study. The article should be published between 2005- 2020. Choose your article only after you have accessed and reviewed several relevant articles, and then choose the best article that will answer the questions below Questions 1. Based on your chosen costing article, briefly summarise how the costing system was designed and implemented in your real-life organisation (3 marks) 2. Based on your chosen costing article, did the costing system in the study satisfy the features discussed in Part A 1017 Why or why not include examples in your answer from your costing article. (5 marks 3. Based on your chosen costing article, how useful was the cost information to the internal users in the organisation? Discuss with examples from your costing article. 15 marks) 4. Based on your literature findings, state two key lessons that would inform contemporary organisations about the practical use of your chosen costing system. (5 marks) HS017 MANAGERIAL ACCOUNTING INDIVIDUAL ASSIGNMENT 12 2020 Page 3 of 8 Additional Information a) You are encouraged to choose the journal article from the following Accounting and Management Accounting Journals Accountine. Auditing and Accountability Journal koumal of Management Accounting Research Jumal of Applied Man Accountine Research b] You can access these journals in ProQuest Database by clicking on the above links Log in details for ProQuest are - Username: Holmes:2004: Password: Holmes. These journals can also be accessed via the ProQuest Database link available via the Student Login page in the Holmes website. You can also use Google Scholar, Don't use Google Assignment Structure The report should include the following components: Assignment cover page clearly stating your name and student number Abstract one paragraph Table of contents d. A brief introduction or overview of what the report is about & Body of the assignment with appropriate section headings f. Conclusion & List of References Your chosen journal article must be uploaded as a separate PDF file together with your assignment as a MS WORD file formatin Blackboard under the folder Individual Assignment S marks will be deducted if you do not submit the journal article with your assignment