Task 3:

The primary focus of management accounting within business was on the determination of costs, with particular emphasis on product costing and control of direct labor, direct materials and overheads

Discuss any ONE theoretical model in MANAGEMENT ACCOUNTING with reference to Research Sequence (500 WORDS)

Management Acounting Models: Break Even Analysis or

Budgetingor

Job costingor

Variance Analysisor

Hint:Importance, how it helps in decision making, with a supporting example and its analysis