Answered step by step
Verified Expert Solution
Question
1 Approved Answer
please answer all questions.. 1-State In brief the Advantages of management accounting? (20 marks ) 2-Giving the following data, $190000 sales revenues -$15000 interest revenues
please answer all questions..
1-State In brief the Advantages of management accounting? (20 marks ) 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 ) 123 4 5 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 ) 5-How can managerial accounting help management? Give examples of your own? 20 marksStep by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started