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ACCT301_RANEM

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Assignment

Deadline: Saturday 02/05/2026 @ 23:59

Course Name: Cost Accounting Students Name:

Course Code: ACCT 301 Students ID Number:

Semester: Second CRN:

Academic Year: 1447 H (2025-26)

For Instructors Use only

Instructors Name:

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.

    • This Assignment is linked to CLO 1.3 (Recognize principles of decision-relevant information, cost allocation, performance accountability, and compensation systems in managerial contexts).

    This Assignment Covers Chapter No. 8 (Measuring and Assigning Support Department Costs)

    Assignment Questions: (Marks 10)

    1. What are support departments, and why are their costs allocated to other departments. (Give any three reasons). (2 + 3 Marks).

    2. Akbar Inc. has two support departments (Accounting and Information Technology) and Two Operating Departments of Producing Plastic Products and Metal Products. The cost information of all these departments and allocation bases are given below:

    Support Department Operating Department

    Accounting Information Technology Plastic Products Metal Products Total

    Cost (SAR) 40,000 64,000 120,000 160,000 384,000

    Possible Allocation Bases:

    Support Department Operating Department

    Accounting Information Technology Plastic Products Metal Products Total

    No. of Employees 5 8 15 25 53

    No. of Computers 24 36 320 480 860

    Accounting Departments Cost is allocated using number of employees and Information Technology Departments cost is allocated using number of computers. (5 Marks)

    Required:

    Allocate the Support Department Cost to Operating Department using Direct Method.

    (Step by Step Calculation is required).

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