Routine Cost Report
Brighton School of Business and Management Limited
Assignment Session: 2012- 2013 Edexcel BTEC Level 5 Diploma in Supply Chain Management Unit 6 Assignment: Management Accounting: Costing and Budgeting Assignment Introduction In this assignment you will consider cost information both current and future. Cost data will be collected, compiled and analysed, and will be processed into information of use to management. You will also deal with budgetary planning and control, forecasts and budgets. Learning outcomes On successful completion of this assignment you will be able to: 1 Collect and analyse cost information within a business 2 Propose methods to reduce costs and enhance value within a business 3 Prepare forecasts and budgets for a business 4 Monitor performance against budgets within a business. Assignment Focusing on a work role, previous work experience or a voluntary work position, using examples from your own workplace experiences where possible, and drawing on your studies of this subject, please answer ALL four sections below. Deadline for Submission: Please see your time table Please answer ALL four sections: Section 1 Word Length: Approx. 400 words Demonstrate how you would collect and analyse cost information within a business You will need to: identify and classify different types of cost explain the need for, and operation of, different costing methods explain how you would calculate costs using appropriate techniques explain how you would collect, analyse and present data using appropriate techniques
Section 2 Word Length: Approx. 400 words Explain how you would reduce costs and enhance value within a business You will need to: demonstrate how you would prepare and analyse routine cost reports demonstrate how you would calculate and evaluate indicators of productivity, efficiency and effectiveness explain the principles of quality and value, and identify potential improvements
Brighton School of Business and Management Limited
Assignment Session: 2012- 2013 Edexcel BTEC Level 5 Diploma in Supply Chain Management Unit 6 Assignment: Management Accounting: Costing and Budgeting Assignment Introduction In this assignment you will consider cost information both current and future. Cost data will be collected, compiled and analysed, and will be processed into information of use to management. You will also deal with budgetary planning and control, forecasts and budgets. Learning outcomes On successful completion of this assignment you will be able to: 1 Collect and analyse cost information within a business 2 Propose methods to reduce costs and enhance value within a business 3 Prepare forecasts and budgets for a business 4 Monitor performance against budgets within a business. Assignment Focusing on a work role, previous work experience or a voluntary work position, using examples from your own workplace experiences where possible, and drawing on your studies of this subject, please answer ALL four sections below. Deadline for Submission: Please see your time table Please answer ALL four sections: Section 1 Word Length: Approx. 400 words Demonstrate how you would collect and analyse cost information within a business You will need to: identify and classify different types of cost explain the need for, and operation of, different costing methods explain how you would calculate costs using appropriate techniques explain how you would collect, analyse and present data using appropriate techniques
Section 2 Word Length: Approx. 400 words Explain how you would reduce costs and enhance value within a business You will need to: demonstrate how you would prepare and analyse routine cost reports demonstrate how you would calculate and evaluate indicators of productivity, efficiency and effectiveness explain the principles of quality and value, and identify potential improvements
Brighton School of Business and Management Limited