Introduction to Management Accounting Assignment
Ocha Limited
Q1. Conduct some research to explain the value of cost classifications for Ocha Limited and how this may assist Tomohiro in improving their decision-making processes.
Q2. Conduct some research into costing techniques that Ocha Limited might find useful. Based on this research and using the detail in the case, choose a specific technique (or set of techniques) that you believe would be most suitable. Describe specifically how your chosen technique(s) could be used by providing tangible examples of how they would operate within Ocha Limited. Itshould be clear from these examples how Ocha Limited would determine a product cost for their products. Also, briefly describe why you consider your chosen technique(s) to be superior to other techniques.
(Please note: you are not required to actually calculate any costs here, just outline how costing could be done differently. Therefore, you may wish to provide a table or diagram outlining the operation of your proposed costing technique(s).
Q3. Using the detail in the case, describe how your chosen method of calculating product cost will be beneficial within Ocha Limited and have relevance to management.
Word Limit: 1,200 words.
Attachment:- Assignment File.rar