University : Queensland University of Technology UniLearnO is not sponsored or endorsed by this college or university.
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Assignment Task :

 PART A - See the Excel spreadsheet to complete your answers 

  1.  Complete Requirement 1 in the Excel spreadsheet provided. Use the information provided in Table 5 of the Case Study to calculate cost rate for each function. Insert your answers in the 
  2. As a first step, the Team implementing Activity-Based Costing is going to focus on its life insurance products, and the cost to service and maintain a policy for each product. Use the information provided in Tables 3, 5 & 7 of the Case Study to calculate the costs to service and maintain a policy for each product. Insert your answers in the Tables provided in Requirement 2 of the Excel Spreadsheet. Assume that AXE life has designed the cost to service and maintain a policy to include the customer service costs, call centre costs, and costs to adjudicate and pay claims.   

 

 PART B  

 3. Memo to the CEO: 

 The CEO is still unsure about the use of Activity-Based Costing. He has asked you to write a memo to explain how an Activity-Based Costing system is providing AXE Life with a better understanding of the costs to develop, sell, and service their products. Greg has also mentioned to him that AXE Life should consider using Time-Driven Activity-Based Costing. The CEO has asked your opinion. In the memo, you will make a recommendation on whether AXE Life should adopt Time-driven Activity-Based Costing and explain that recommendation.

 

PART C – Reflection 

 A successful accounting professional uses the idea of self-reflection to improve their skills in the workplace.  Reflecting on your experience of completing this assignment, you will write a selfreflection that discusses your learning experienc

 

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  • Posted on : March 21st, 2019
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