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Question:Write a 700- to 1,000-word paper identifying the specific cost accounting system an organization utilizes and how it uses the accounting information for financial management. Your paper must

Question:

Write a 700- to 1,000-word paper identifying the specific cost accounting system an organization utilizes and how it uses the accounting information for financial management. Your paper must include the following:

  • Descriptions of the cost accounting system used in the organization
  • Pros and cons of this cost accounting system
  • Descriptions of how the organization uses the accounting information for financial management improvement recommendations for your organization's accounting system
  • Include at least five references
  • At least two of the five references must be (peer-reviewed) references
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************ ******** ***** ***** ***** *** *** ***** cost accounting systems ***** ******** the *** ******** ******* and *** process ******* **** are cost ********** ******* *** *** ******* ** **** ***** * will focus on *** *** ******** costingJob ******** costingThe job ******** ******* is * cost accounting ****** that allocates manufacturing ********** ********** for **** product ** job *** *** ordering cost ** sufficiently **** *** the ************* which **** different ******** *** each product is ****** and **** the ************ *** ********* orders ********* the job ******* ********** ** ************* **** *** *** organization ***** ******** ********* ******** (Warren et ** ***** ***** **** system fits *** organization with ********* ******** *** ******* ****** **** *** *** **** ********** system will allocate and ******** * *** **** ****** *** **** ******* *** ** special orders ***** *** job cost ****** records *** **** ** ********* *** labor **** and **** ******* the manufacturing ********* ******** to each ******* *** ************ *** ************* ** *** *** ******** ******************** ********** of *** *** ******** ******* ****** *********** Costs assigning benefits: *** *** ******** ***** ******* helps *** ******** ** ***** clearly provide * ******** ******** ** *** **** ** materials *** cost ** ***** *** overheads of **** ******** *** *** **** helps **** ** ******** *** ****** of **** product ** *** *** ***** determining ******* *** *** or product ** ****** ******** ***** ***** ** ********** ** *** ****** cost *** estimated costs **** will ****** *** organization ********** ** ********* *** ********** and effectiveness ** ********* **** in *** *************** ********** *** ***** *** **** ********** ******* and *** ** *** organization ***** *** *** ******** costing ********* the **** ** **** *** and *** **** ** **** product will **** the ********** to determine *** products ** **** which are ********** and *********** *** **** which *** ********* *** **** ******* ** ** ***** **** ***** ********** in making ** *********** ******** on *** product ** **** ** *** **** ******** ***** ** detecting ********** ** *** ************ **** and ****** thus ******* *** ********** ** ******* them **** helps ** *********** ********* ** **** job *** **** product ******* ***** ***** 2016)• *** job ******** ******* helps *** ********** ***** **** helping ** ****** ************************ ************* ** the job ******** ******* system *********** ******** a *** of ********* ** recording **** ***** recording of *** **** *** outcome *** ******* ******** and ***** ********* ***** time-to ******* *** **** expensive ********* ** ** ******** **** ** ****** ******** ** **** ****** *** ** ******** a *** of ************ ********* arise ** ********* *** different **** ***** *** system is ***** ** mistakes How *** ************ *** *** ********** *********** to ******* ********* managementThe ********** *********** ***** the ************ ** improve ********* ********** ** ******* **** ***** include:• ******** ******** ************ **** will **** ********** ** **** the business *********** *** failures **** making a ***** ********* ******** when ********** ******* ** the ************ *********** **** estimates **** *** ************ ** increase ************* and efficiency ** *** ************ ************* ***** *** ************ ** ******* *** ****** *** also ***** ** ****** ******** ***** proper ********* *** ******** **** ******* organization ********* ********** (DRURY ************** accounting *********** is crucial tool in ********* ********* management since ** ***** in ****** *********** ******** when allocating ******** ******* ** the company ********** Also ********** *********** increases ********** *** ************* ** ************ **** ******** the **** ** production ***** ********* ********* management of *** organizationReferencesDRURY * * **************** and **** accounting ************** * * & ******** * * (2015)Advanced ********** accounting PHI LearningSalako M A ***** ***** S A (2016) **** *********** * ******* ****** ** *************** ************* * * ***** J M ***** Duchac * *************** ***** ********** ********** ******* **************** J * ****** P * ***** ***** * * *************** ***** ********** ********** **** ***** & *

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