Indicate the page numbers where the evidence can be found. | Criteria reference | To achieve the criteria the evidence must show that the student is able to: | | Task no. | | Evidence | 1 | explain the importance of costs in the pricing strategy of an organisation changes | | 1.1 | | Pg. 11 | 1 | design a costing system for use within an organisation resource | | 1.2 | | Pg. 13 | 1 | propose improvements to the costing and pricing systems used by an organisation | | 1.3 | | Pg. 15 | 2 | apply forecasting techniques to make cost and revenue decisions in an organisation | | 2.1 | | | 2 | assess the sources of funds available to an organisation for a specific project | | 2.2 | | | 2 | select appropriate budgetary targets for an organisation | | 3.1 | | | 3 | participate in the creation of a master budget for an organisation | | 3.2 | | | 3 | compare actual expenditure and income to the master budget of an organisation | | 3.3 | | | 3 | evaluate budgetary monitoring processes in an organisation | | 3.4 | | | 4 | Absorption costing and Activity Based costing based on the results explain the importance of costs in the pricing strategy of Quality manufacturers | | 4.1 | | | 4 | design a costing system for use within Quality manufacturers for better pricing. | | 4.2 | | | 4 | propose improvements to the costing and pricing systems used by Quality manufacturers | | 4.3 | | | 5 | apply financial appraisal methods to analyse competing
Bibliography: 1. Systematic Approach to Cost Accounting, dr.K.G.C. Nair, Dr. jayan, Dr Jcob Thomas 2. http://www.termpaperwarehouse.com/essay-on/About-Ford-Motor-Company/22368 3. http://www.termpaperwarehouse.com/essay-on/Ford-Motor-Company/92. 4. wikipedia.org/w/index.php?search=costing+system&title=Special%3ASearch&fulltext=1 5. Ford Strategy :- by Oasis Consultancy