ACCT 301 SEU Job Costing in Service Sectors Accounting Discussion

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College of Administration and Finance Sciences
Assignment (1)
Deadline: Saturday 21/07/2022 @ 23:59
Course Name: Cost Accounting
Student’s Name:
Course Code: ACCT301
Student’s ID Number:
Semester: Summer
CRN:
Academic Year: 1443 H
For Instructor’s Use only
Instructor’s Name: rabab Farrash
Students’ Grade:
/10
Level of Marks: High/Middle/Low
Instructions – PLEASE READ THEM CAREFULLY
• The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
• Assignments submitted through email will not be accepted.
• Students are advised to make their work clear and well presented, marks may be
reduced for poor presentation. This includes filling your information on the cover
page.
• Students must mention question number clearly in their answer.
• Late submission will NOT be accepted.
• Avoid plagiarism, the work should be in your own words, copying from students or
other resources without proper referencing will result in ZERO marks. No exceptions.
• All answers must be typed using Times New Roman (size 12, double-spaced) font.
No pictures containing text will be accepted and will be considered plagiarism.
• Submissions without this cover page will NOT be accepted.
College of Administration and Finance Sciences
Assignment Question(s):
(Marks 10)
Q1. In your own words, define the following concepts and provide sufficient examples
for each:
1. Biases:
2. Period costs vs. Product costs:
3. Incremental cash flows:
4. Balanced Scorecard:
5. Cost Accounting:
6. Organizational strategies:
7. Overhead costs:
8. Cost drivers:
9. Relevant range:
10.High-Low Method of Estimating a Cost Function:
Answer:

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Explanation & Answer:
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