Evaluate the main cost structures of organisations and methods of their calculation

Management Accounting Resit Coursework Brief Handout: [Time (2 pm), Date Month Year] Deadline for Submission: [Time (2 pm), 28/ 03/2017 ] Submit this coursework through the Student Portal with a Turn-it-in Report Word Limit: [1800] words (or Plus 10%) Learning outcomes assessed: • Indicate the main purposes of management accounting and its relevance to the management of organisations. • Evaluate the main cost structures of organisations and methods of their calculation. • Determine appropriate methods of calculating break-even, profitability and capital input costs This coursework is worth 50% of the total marks for this module. Coursework Instructions Please read carefully • Carefully read the module handbook, the marking criteria and the grade descriptors. Academic Misconduct You are responsible for ensuring you understand the policy and regulations about academic misconduct. You must: • Complete this work alone except where required or allowed by this assignment briefing paper and ensure it has not been written or composed by or with the assistance of any other person. • Make sure all sentences or passages quoted from other people’s work in this assignment (with or without trivial changes) are in quotation marks, and are specifically acknowledged by reference to the author, work and page. Blank Assignment Questions This assessment has gone through the internal scrutiny process and is currently being reviewed by the external examiner. You will receive further communication from the Module Leader once approved. In the meantime, you are required to commence work on this assessment so that you can complete it within the given timeframe. Please contact your Tutor for any questions relating to this assessment. Assignment Task: Management Accountants are more involved in financial planning rather than historical accounting. You are required to: 1. Compare and contrast Management Accounting and Financial Accounting. (400 words). 2. Analytically discuss the classification of costs with the help of charts and statements. (500 words). 3. Discuss any six operational budgets for a limited company. (650 words) 4. Discuss the need and importance of Relevant Costing. (450words) . Total Marks:100 End of Assignment Brief Marking Criteria: 1.Differences between management accounting and financial accounting. 10x2.5 marks each (Marks:25) 2.Analytical discussion on classification of costs.