College of Administrative and Financial Sciences
Assignment 1
Instructions PLEASE
READ THEM CAREFULLY
The Assignment must be submitted on Blackboard (WORD format only) via allocated
folder.
Assignments submitted through email will not be accepted.
Students are advised to make their work clear and well presented, marks may be reduced
for poor presentation. This includes filling your information on the cover page.
Students must mention question number clearly in their answer.
Late submission will NOT be accepted.
Avoid plagiarism, the work should be in your own words, copying from students or other
resources without proper referencing will result in ZERO marks. No exceptions.
All answered must be typed using Times New Roman (size 12, double-spaced) font. No
pictures containing text will be accepted and will be considered plagiarism).
Submissions without this cover page will NOT be accepted.
Page 1 of 4
Q1.
Analyze some examples of relevant and irrelevant Cash Flows for one Saudi Company?
(1.5 Marks)
Q 2 a – Discuss why managers estimate a cost function and use Cost volume Profit analysis?
Give numerical example of cost function and Cost Volume Profit Analysis and analyze how it will
be used by managers?
b- Suppose actual costs are higher than estimated cost. Analyze why you may have this
difference between actual and estimated costs?
(1.5 Marks)
Page 2 of 4
Q 3 Altawfik Corporation is estimating the cost function for total cost of production of
product A using the high-Low method. The data collected for the past year is as following:
Quarter
Number of units
Total
produced
Costs
1
4,000
$ 1,000
2
5,400
1,280
3
7,000
1,600
4
9,000
2,000
Using the two points methods, choose two points with which you estimate the cost
function.
(1 Mark)
Page 3 of 4
Q 4 Give one example of Saudi companies using job costing and one example of Saudi
companies using process costing and discuss the difference between them?
(1 Mark)
Page 4 of 4
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