Cost Accounting

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Week 2: The Role of Accounting Information in Management Decision Making

Week 3: The Cost Function

Week 4: Cost – Volume – Profit Analysis



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Q1. How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision? (3 Points)














Q2. Give a numerical example of cost function and analyze this cost function? Discuss how is this cost function used in decision making? (3 Points)













Q3. Find a numerical example of cost-volume-profit (CVP) analysis, and analyze how CVP analysis is used for decision making? (4 Points)