1Use proper referencing (APA style) to reference, other styles will not be accepted.Q1 Provide example of one Saudi Company and analyze two examples of organizational strategies and operating plans for this example. (1 Mark)undefinedQ2 Abdulkrim Company manufactures a product A.The company estimates the cost function for the total costs. The cost driver is number of units.The followinginformations were collected:undefinedMonthUnitsTotal CostsundefinedJanuary3,560$242,400undefinedFebruary3,800$252,000undefinedMarch4,000$260,000undefinedApril3,600$244,000undefinedMay3,200$228,000undefinedJune3,040 $221,600undefinedCompute a cost function using the high-low method.undefined(1 Mark)undefinedQ3 Hashim Corporation sells its product for $17 per unit.Its variable cost is $10 per unit, and total fixed costs are $800.Assuming next period’s estimated sales are 300, calculate the following amounts:undefineda.Degree of operating leverageundefinedb.Margin of safety in units undefinedc.Margin of safety in revenues undefined(1 Mark)undefinedQ 4 Provide one numerical example for allocation of overhead of one job and analyze this example?undefined(1 Mark)undefinedQ 5 Discuss the concept of Equivalent Units in process costing and give numerical example? (1 Mark)College of Administrative and Financial Sciences
Deadline: 27/02/2021 @ 23:59 (End of week 6)
Course Name: Cost accounting
Course Code: ACCT 301
Student’s ID Number:
Academic Year: 1441/1442 H
For Instructor’s Use only
Instructor’s Name: Wadha alrashidi
Students’ Grade: Marks Obtained/Out of
Level of Marks: High/Middle/Low
Instructions – PLEASE
The Assignment must be submitted on Blackboard (WORD format only) via allocated
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 answered 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.
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Q1 Provide example of one Saudi Company and analyze two examples of organizational
strategies and operating plans for this example. (1 Mark)
Q2 Abdulkrim Company manufactures a product A. The company estimates the cost function for
the total costs. The cost driver is number of units. The following informations were collected:
Compute a cost function using the high-low method.
Hashim Corporation sells its product for $17 per unit. Its variable cost is $10 per unit, and
total fixed costs are $800. Assuming next period’s estimated sales are 300, calculate the
a. Degree of operating leverage
b. Margin of safety in units
c. Margin of safety in revenues
Q 4 Provide one numerical example for allocation of overhead of one job and analyze this example?
Q 5 Discuss the concept of Equivalent Units in process costing and give numerical example? (1
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