- ILM Level 5 Effective Communication Skills, Assignment , UK
- ILM Level 3 – Describe the factors that will influence the choice of leadership styles or behaviours in workplace situations Referral : Understanding Leadership styles, Assignment, UK
- CMI Unit 502 Understand approaches to developing, managing, and leading teams: Principles of Developing, Managing and Leading Individuals and Teams to Achieve Success, Assignment, UK
- R033 Supporting individuals through life events, Set Assignment, OCR, UK
- Working in partnership in health and social care, Assignment, UK
- CMI Unit 5034 Problem solving tools and techniques for consultants, Assignment, UK
- CIH Level 4: H409 – Research Skills for Housing, assignment, UK
- You are working for an energy company where you were asked to design a solution to promote sustainable transportation: Finding and Using Information, Assignment, OU, UK
- Managing a Professional Engineering Project (MPEP), Tutor Marked Assignment 1 (TMA) Network Analysis, TU, UK
- Unit 3: You are advising the owner of a local business that runs coach trips: Financial and Management Accounting Techniques for Managers, Assignment, UOS, UK
- UNIT CMI 702: Evidence Booklet: Understand the principles for leading and developing people: Leading and Developing People to Optimise Performance, Assignment, UK
- Level 4: Understanding the management role to improve management performance: Principles of leadership and management, Assignment, ILM, UK
- 7HR03: Your knowledge and understanding of the material covered in this specialist unit will be assessed: Strategic reward management, Assignment, CIPD Level 7, UK
- UNIT CMI 305 Assessment Booklet: The aim of this assessment booklet is to enable managers to evidence their understanding of how to use their knowledg: Building Stakeholder Relationships Using Effective Communication, Assignment, UK
- 7CO01: To what extent do you agree with the view that the trend towards greater globalisation: Work and working lives in a changing business environment, Assignment, CIPD, UK
- ILM: Assess own leadership behaviours and potential in the context of a particular leadership model and own organisation’s working practices and culture: Leadership skills and development, Assignment, UOA, UK
- ILM: Describe the factors that will influence the choice of leadership styles or behaviours in workplace situations: Leadership skills and development, Assignment, UOA, UK
- ATHE Level 7 Unit 5 : You Have Been A Senior Manager For Several Years And Have Decided That Your Next Career Move Should Be To Take Responsibility: Personal Development for Leadership and Strategic Management Assignment, UK
- CMI Unit 502: Approaches to achieving a balance of skills and experience in a team: Principles of Developing, Managing and Leading Individuals and Teams, Assignment, UK
- CMI Unit 502: Principles of Developing, Managing and Leading Individuals and Teams, Assignment, UK
7AC013: A large manufacturing company producing medical supplies has appointed you as their senior Management Accountant: Management Accounting and Decision Making Assignment, UOW, UK
| University | University of Wolverhampton (UOW) |
| Subject | Management Accounting and Decision Making |
A large manufacturing company producing medical supplies has appointed you as their senior Management Accountant. The firm operates a factory in India and another in the United Kingdom. Each factory produces a different product range, with the Indian factory producing mass products such as face masks, syringes, and needles, whilst the UK factory produces bespoke medical equipment such as MRI machines.
There are two routes to market: sales to distributors as well as sales directly to the end customer. As part of your role, you are expected to review the current practices of the business and advice on areas for short, medium, and long-term improvements. Based on the above, you make the following observations:
- Managers of each of the factories had recently completed a CPID training on Management Accounting and have put forward recommendations for moving from the current absorption costing technique to other options. However, both managers could not agree on which alternative is best for the company.
- The company uses only financial measures to appraise factory performance. The company seems not to comprehend or explore non-financial factors affecting the business.
- The company prepares budgets using a top-down approach and does not allow for flexing the budgets given their desire to have firm control of cost. The company tends to struggle to cope with significant changes in market conditions.
- Reports from the Indian factory show that there have been shortages of materials required to complete the production process. This has resulted in rising idle time and costs incurred on expensive substitute materials.
Buy Answer of This Assessment & Raise Your Grades
Seeking expert assistance with Management Accounting and Decision Making assignments? Look no further than Diploma Assignment Help UK. Our experienced team of writers provide you high-quality coursework writing solutions to help you excel in your marks in your class. you can also hire our experts for accounting assignment help
Answer
