Explain and describe the various costing methods used in management accounting. Outline their advantages and disadvantages. Provide real time examples by using data from listed companies in the UK.

Assignment 2 – Essay (100 points)
1) Explain and describe the various costing methods used in management accounting. Outline their
advantages and disadvantages. Provide real time examples by using data from listed companies in the
UK.
Marking criteria: Element Weight %
Presentation (General presentation and APA
referencing)
10
Essay content 60
Essay structure and organization 20
Language clarity and accuracy 10

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Explain and describe the various costing methods used in management accounting. Outline their advantages and disadvantages. Provide real time examples by using data from listed companies in the UK.

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