MGT510: Managerial Accounting Module Assignment: Managerial Accounting Report The Purpose

FIND A SOLUTION AT Academic Writers Bay

MGT510: Managerial Accounting
Module Assignment: Managerial Accounting Report
The Purpose and Context
This assignment will help you develop your understanding of the managerial accounting processes and you will earn how different accounting methods create different pictures for a company given the same data.
Case Scenario
Swipe 50 limited manufactures a specialized screen protector for laptops computers. The plus swipe is a screens protector that prevent scratches on laptop screens. The company has been in operation for 3 years and now that company has refined its production process, the directors have decided to focus on the income and cost arising from the activities. Therefore, the CFO, Tamara J. Blooms, wants to focus on product costing. She wants to look into how both absorption and variable costing affect the profits of the company. The following information is available for the month (units) February and March:
February March
Production (units) 12,500 14,500
Sales (units) 11,500 15,500
Direct Materials € 29,000 € 33,250
Direct Labour € 19,000 € 22,000
Variable Production Overhead € 7,300 € 8,500
Total Selling and Administrative Expenses € 44,500 € 57,100
Additional Information
1. Swipes 50 Ltd. production capacity 20,000 units per month.
2. Fixed production overheads are €28,600 per month.
3. Swipe 50 sells Plus Swipes at €22 each.
4. On 31st January, the company’s warehouse has no Plus Swipes in inventory.
5. Fixed and variable elements (variable portion is incurred based on units sold) are included in the total administration expenses.
Assignment Instructions
Please create a report for 50 swipes limited and please include the following in your report.
1. Prepare a profit statement for Swipe 50 Limited for the month of February and March using: (20%) a. Absorption costing
b. Variable costing
2. Reconcile the profit calculated using absorption costing to that using variable costing. (20%)
3. Explain how each method differs from the other method and also explain the importance of the each methods.
(20%)
4. Explain three ways that Swipes 50 Ltd. can improve its accounting systems. (20%)
5. State why managing accounting jobs are important in a manufacturing company. (20%)
Requirements
1. 3,500 – 4,000 words with APA Format
2. Double-spaced (2.0) or One and a Half (1.5) spaced
3. 12 pt. Times New Roman font
4. Page Number (footer, right bottom corner)
5. 4 major sections: Table of Content, Title Page, Main Body, References
Mark Sheet/ Assessment Evaluation Form
Student’s Full Name: _________________________________________
Module: ____________________________________________________
Marker’s Full Name: __________________________________________
Section Marks Allocation Marks Attained Comments
1. Introduction 10 marks
2. Body:
a) Industry Knowledge and Application
b) Theoretical Application
c) Practical Application
d) Model 10 marks
15 marks
20 marks
20 marks
3. Conclusion 10 marks
4. Word Choice and Grammar 5 marks
*** Words Penalty ***
This penalty is for papers that overly exceed the word count. (-5)
5. References 10 marks
Total marks allocated and achieved: 100 marks

• WE OFFER THE BEST CUSTOM PAPER WRITING SERVICES. WE HAVE DONE THIS QUESTION BEFORE, WE CAN ALSO DO IT FOR YOU.
• Assignment status: Already Solved By Our Experts
• (USA, AUS, UK & CA PhD. Writers)
• CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS

QUALITY: 100% ORIGINAL PAPER – NO PLAGIARISM – CUSTOM PAPER

Why Choose Us?

How It Works

• Click on the “Place Your Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
• Fill in your paper’s requirements in the “PAPER DETAILS” section.
• Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
• Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
• From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.

About AcademicWritersBay.com

AcademicWritersBay.com is an easy-to-use and reliable service that is ready to assist you with your papers 24/7/ 365days a year. 99% of our customers are happy with their papers. Our team is efficient and will always tackle your essay needs comprehensively assuring you of excellent results. Feel free to ask them anything concerning your essay demands or Order.

AcademicWritersBay.com is a private company that offers academic support and assistance to students at all levels. Our mission is to provide proficient and high quality academic services to our highly esteemed clients. AcademicWritersBay.com is equipped with competent and proficient writers to tackle all types of your academic needs, and provide you with excellent results. Most of our writers are holders of master’s degrees or PhDs, which is an surety of excellent results to our clients. We provide assistance to students all over the world.
We provide high quality term papers, research papers, essays, proposals, theses and many others. At AcademicWritersBay.com, you can be sure of excellent grades in your assignments and final exams.