ACCT 301 q

Q1. What is the process of identifying activities in an organization and assigning
costs under the Activity Based Costing (ABC) system? Elucidate. You will need to
include
the
right
numerical
examples
to
support
your
answer.
(2 Marks) (Chapter 7, Week 7)
Q3. What are an organization’s “outsourcing decisions” and “constrained
resource decisions?” Provide a suitable numerical example of these decisions and
explain how quantitative and qualitative considerations support a company’s
decision-making process. (2 Marks) (Chapter 4, Week 9)
Note: Your answer must include suitable numerical examples. You are required to
assume values of your own, and they should not be copied from any sources.
ACCT 301 cost accounting