- Home
- Accountancy Homework Help
- Cost Accounting Homework Help
Cost Accounting Homework Help | Cost Accounting Assignment Help
Excel in Exams with Expert Cost Accounting Homework Help Tutors.
Trusted by 1.1 M+ Happy Students
Ace Your Cost Accounting Assignments with Expert Help
Navigate the Complex World of Cost Accounting
Cost Accounting, a vital branch of accounting, can often pose significant challenges for students with its intricate concepts of inventory management, wage calculation, and overhead costs. Recognizing these challenges, Tutorbin.com offers comprehensive cost accounting assignment help to steer you towards academic success. Whether you're juggling part-time work or grappling with a dense reading list, our experts are here to alleviate the stress of cost accounting assignments.
Comprehensive Cost Accounting Assignment Solutions
Our team of seasoned experts is adept at handling a broad spectrum of cost accounting topics. From Management Control Systems to Strategy and Market Analysis, our cost accounting assignment help covers over 100 modules, ensuring you get tailored solutions for every topic under the sun. Whether you need assistance with MAF 151 or any other cost accounting assignment, we're equipped to provide you with the expertise you need.
Deepen Your Understanding with Our Help
Our cost accounting assignment solutions aim to reinforce your grasp of fundamental concepts, making it easier to tackle assignment questions with confidence. We cover essential definitions related to fixed and variable costs, direct and indirect costs, product and period costs, and more, ensuring you're well-prepared to excel in your studies.
Why Choose Tutorbin.com for Cost Accounting Assignment Help?
Unparalleled Expertise
With over 5000 PhD-qualified experts, our team is ready to offer exceptional cost accounting writing services. Our professionals are selected through a rigorous process, ensuring that your assignments are in capable hands.
Plagiarism-Free Guarantee
We understand the importance of originality in academic work. Our cost accounting assignment help comes with a 100% plagiarism-free guarantee, with the option to request a Turnitin report for your peace of mind.
Prompt Delivery
Timeliness is key to academic success. Our experts ensure that your cost accounting assignments are completed well within the deadline, offering swift assistance when you need it most.
Affordable Prices
Get high-quality cost accounting assignment help at prices that won't break the bank. Our competitive rates, coupled with attractive discounts and cashback offers, make our services accessible to all students.
Comprehensive Support
From live updates and alerts via SMS to free rework and revisions, we're committed to providing a seamless experience. Our easy-to-use platform ensures that placing an order and communicating with your assigned expert is straightforward and hassle-free.
How Tutorbin.com Prepares You for Success
Tutorbin.com is more than just an assignment help service; it's your partner in achieving academic excellence. Our customer support team is available round the clock to address your queries and connect you with experts who can assist with any aspect of cost accounting.
Don't let cost accounting assignments overwhelm you. Reach out to Tutorbin.com today and unlock the door to higher grades and a deeper understanding of cost accounting concepts. With our expert guidance, cost accounting will no longer be a hurdle in your academic journey.
FAQs: Unlocking Answers to Your Queries
How quickly can I receive cost accounting assignment help?
Tutorbin.com offers instant assistance, ensuring that your assignment needs are met promptly, even on tight deadlines.
Do you offer free revisions for cost accounting assignments?
Yes, we provide free revisions to ensure your complete satisfaction with our cost accounting assignment help.
Can I communicate directly with my assignment expert?
Absolutely! Our platform allows seamless communication with your assigned expert to facilitate direct updates and feedback.
What is cost accounting?
Cost accounting involves the determination and analysis of fixed and variable costs to aid in budgeting, valuation, and financial decision-making within a business.
How do you write an accounting assignment?
Our experts follow a meticulous process, from understanding the question to conducting thorough research, drafting, and proofreading, ensuring high-quality, accurate assignments.
What are the main types of cost accounting?
Cost accounting can be categorized into standard costing, lean accounting, marginal costing, and activity-based costing, among others.
What concepts are covered in cost accounting?
Key topics include activity-based costing, process costing, standard cost accounting, and various cost analysis methodologies essential for effective business management.
What is the primary goal of cost accounting?
The main objective of cost accounting is to capture production costs for better financial decision-making, budgeting, and identifying areas for cost reduction.
Recently Asked Cost Accounting Questions
Expert help when you need it- Q1:You are the newly hired Controller for Retro Vinyl. The proprietors of RV hired you due to your vast experience in the furniture industry, which now spans almost 25 years. Your first task is to create a master budget for the four quarters of the 2023 fiscal year, which begins January 1st and ends December 31st. The master budget must include the following detailed budgets: 1. A sales budget with a schedule of expected cash collections from sales. Show the budget by quarter and in total. 2. A production budget. Show the budget by quarter and in total. 3. A direct material purchase budget with expected cash disbursements for material purchases. Show the budget by quarter and in total. 4. A direct labor budget in dollars. Show the budget by quarter and in total. 5. A manufacturing overhead budget in dollars. Show the budget by quarter and in total. 6. An ending finished goods inventory budget. Show the budget by quarter and in total. 7. A selling, general, and administrative budget. Show the budget by quarter and in total. 8. A cash budget. Show the budget by quarter and in total. 9. A budgeted income statement for the period ending December 31. Use the absorption costing approach. 10.A budgeted balance sheet as of December 31.See Answer
- Q2:Need vlookup or Hlookup to match dollar amount with CONTRACTING OFFICE/RECEIVING AGENCY/ COMMAND. Columns AA through BH highlighted in green will need the dollar amounts only fill in the white columns. Budget has formulas in the blue columns. Blue columns leave blank. Need vlookup or Hlookup to match dollar amount with CONTRACTING OFFICE/RECEIVING AGENCY/ COMMAND. Please add pivot tables please and graphsSee Answer
- Q3:. MTC-Register you... < Inbox 2:48 PM Year 1 Year 2 Year 3 Year 4 31% KB company is a wholesaler of books which is keen to explore the financial implication of making a significant investment in equipment and the development of website. Due to the fast-changing nature of the equipment and the internet software. KB's management has set a project lifetime of 4 years, i.e, the equipment will replaced, and the new website designed. An amount of N$ 300 000 will be paid to the new equipment at the beginning of the project. The company's costs behave in such a way that its contribution on sales ratio is expected to be 40% and its margin 10% Sales estimates are shown below: Total sales if no investment N$ 000 12 400 13 250 13 620 14 000 V Total sales with investment N$ 000 12 950 13 380 14 340 15 000 Variable cost selling price are expected to remain stable in order to remain competitive over the duration of the project. Initial working capital of N$ 20 000 will required at the start of the project. The suppliers will be paid a retaining /advisory fee of N$120 000 in year 1, N$ 150 000 in year 2, N$ 170 000 and N$ 190 00 in year 3 and 4,respectly. The residual value at the end of the project will be N$ 30 000. KB paid consultancy fee of N$ 150 000 experts who worked on the equipment. REQURED/n. MTC-Register your S... < Inbox equipment and the internet software. D management has set a project lifetime of 4 years, i.e, the equipment will replaced, and the new website designed. An amount of N$ 300 000 will be paid to the new equipment at the beginning of the project. The company's costs behave in such a way that its contribution on sales ratio is expected to be 40% and its margin 10% Sales estimates are shown below: Year 1 Year 2 Year 3 Year 4 2:48 PM Total sales if no investment N$ 000 12 400 13 250 13 620 14 000 @31% Total sales with investment N$ 000 12 950 13 380 14 340 15 000 V Variable cost selling price are expected to remain stable in order to remain competitive over the duration of the project. Initial working capital of N$ 20 000 will required at the start of the project. The suppliers will be paid a retaining /advisory fee of N$120 000 in year 1, N$ 150 000 in year 2, N$ 170 000 and N$ 190 00 in year 3 and 4,respectly. The residual value at the end of the project will be N$ 30 000. KB paid consultancy fee of N$ 150 000 experts who worked on the equipment. REQURED Using the Net Present Value (NPV) technique to evaluate whether KB should go ahead with the project or not. (30 marks)See Answer
- Q4:1. The name of this course is "Cost Accounting". So, what's a "cost"? WHY do we need to understand what this term means?See Answer
- Q5:2. What's an expense? Is this the same as a cost or something different? If different, HOW are they different? WHY is it important?See Answer
- Q6:4. Harry also asks, "What's management (or managerial) accounting?" What do you tell him and WHY is it important?See Answer
- Q7:6. Costs can be described in several different ways. Explain the meaning of each of the following classifications and WHY each one is important: a. Behavior - variable or fixed b. Traceability - direct or indirect c. Function - product or period d. Controllability controllable or non-controllable e. Relevance - relevant or irrelevantSee Answer
- Q8:7. Harry wants to know what a balance sheet is and what an income statement is? What information do they each convey?See Answer
- Q9:8. What are revenues? Are they the same as sales, or something different?See Answer
- Q10:9. Let's say that our company makes chairs. I make $1 million in sales for the year. All the sales happen on ONE DAY... December 28th. Half of the customers pay me in cash. The other half tell me that they will be paying me next week. According to GAAP, how much sales will I show on my income statement and WHY?See Answer
- Q11:10. What is plain-English meaning of the term Cost of Goods Sold (CGS)? In real life, how do we come up with this number?See Answer
- Q12:11. My company manufactures and sells chairs. On our balance sheet we show $1,000,000 in finished-goods inventory. In plain English (that means without any fancy accounting terms) what does this mean? In real life, how would we come up with this number?See Answer
- Q13:ALABAMA CORPORATION Goals and Objectives Review of basic terminology Review basic accounting and journal entries to reflect the flow of costs Review preparation of income statement and supporting schedules for manufacturer given end-of-year information The company manufactures a single product, cleverly named Product X. The following information is available for the calendar year 2018 just completed, during which they produced and sold 200,000 units. Sales for the year was $2,400,000. During the year, the company paid a sales commission of 5 percent of sales. The corporate income tax rate was 20%. Direct materials purchases Direct labor Depreciation - factory equipment Depreciation - factory building Depreciation - headquarters building Factory insurance Property taxes: Factory Headquarters Utilities - factory Utilities - sales Administrative salaries Indirect labor salaries Sales office salaries Inventory Information Raw materials Work in process Finished Goods $300,000 140,000 45,000 30,000 50,000 15,000 20,000 18,000 34,000 1,800 150,000 156,000 90,000 12/31/2017 12/31/2018 $124,000 $152,000 124,000 130,000 109,000 118,904/nREQUIRED: 1. Post all of the above a summary entries in T accounts. 2. Compute the direct materials used in production. 3. Compute the prime cost. 4. Compute the conversion cost. 5. Prepare the Schedule of Direct Materials Used 6. Prepare the Schedule of Cost of Goods Manufactured 7. Prepare the Schedule of Cost of Goods Sold 8. Prepare an income statement for 2018, acceptable for GAAP in good form. 9. How many finished units of Product X do you thing were in the ending FG inventory?See Answer
- Q14:10. As part of the annual audit you notice that "Indirect labor salaries" included the $20,000 salary paid to Ken, who actually works in the advertising department of the company. a) Does this seem reasonable? Why or why not? b) Does this make a difference in terms of the net operating in come? Why or why not? c) What incentive would management have to include the advertising costs as "in direct labor"? (That is, what would their motivation be to do this?)See Answer
- Q15:3. Maheera can get a certificate of deposit (CD) at his bank that will pay 3.5% annually for 10 years. If he places $2442 in this CD, how much will it be worth when it 24 matures? ^ (a) Use the formula. (b) Use the interest tables and interpolation. (c) Use a calculator or spreadsheet for a 5-button solution.See Answer
- Q16:3. How much must you invest now at 4.2% interest to accumulate $175,000 in 46 years? 25See Answer
- Q17:3. The local bank pays 5% interest on savings deposits. In a nearby town, the bank pays 1.25% per quarter. A man who has $4000 to deposit wonders whether the 28 higher interest paid in the nearby town justifies driving there. If all money is left in the account for 3 years, how much interest would he obtain from the out-of- A town bank?See Answer
- Q18:3- A sum of money invested at 2% per 6-month period (semiannually) will double in amount in approximately how many years? 30See Answer
- Q19:3- A firm charges its credit customers 12/3% interest per month. What is the effective interest rate? 39See Answer
- Q20:3. If the nominal annual interest rate is 9% compounded quarterly, what is the effective annual interest rate? 40See Answer
Popular Subjects for Cost Accounting
You can get the best rated step-by-step problem explanations from 65000+ expert tutors by ordering TutorBin Cost Accounting homework help.Get Instant Cost Accounting Solutions From TutorBin App Now!
Get personalized homework help in your pocket! Enjoy your $20 reward upon registration!
"After using their service, I decided to return back to them whenever I need their assistance. They will never disappoint you and craft the perfect homework for you after carrying out extensive research. It will surely amp up your performance and you will soon outperform your peers."
"Ever since I started using this service, my life became easy. Now I have plenty of time to immerse myself in more important tasks viz., preparing for exams. TutorBin went above and beyond my expectations. They provide excellent quality tasks within deadlines. My grades improved exponentially after seeking their assistance."
"They are amazing. I sought their help with my art assignment and the answers they provided were unique and devoid of plagiarism. They really helped me get into the good books of my professor. I would highly recommend their service."
"The service they provide is great. Their answers are unique and expert professionals with a minimum of 5 years of experience work on the assignments. Expect the answers to be of the highest quality and get ready to see your grades soar."
"They provide excellent assistance. What I loved the most about them is their homework help. They are available around the clock and work until you derive complete satisfaction. If you decide to use their service, expect a positive disconfirmation of expectations."
TutorBin helping students around the globe
TutorBin believes that distance should never be a barrier to learning. Over 500000+ orders and 100000+ happy customers explain TutorBin has become the name that keeps learning fun in the UK, USA, Canada, Australia, Singapore, and UAE.
