Accounting Assignment Help


Accounting Assignment Help

High-Quality Accounting Assignment Help Experts in Australia


Accounting is nothing but the record-keeping of all the transactions that are going on in a business or company. Accounting may be defined as summarizing, analyzing, and reporting the various details of the transaction going on in the company to a certain department which can take necessary measure for maximum output. It is generally done to have clarity about the whereabouts of the funds in the company.

The importance of accounting can be determined by the fact that no matter how small the business may be, accounting is done in that business. Taking this into consideration numerous colleges are providing a degree in accounting. Also, the number of students opting for the accounting course is increasing in recent times. But students need to understand the very basics of accounting and complete the assignments and projects given to them which are generally hard and complex which makes the student lose their interest in the subject after some time.

Hire Top-Rated Accounting Assignment Help Experts Here


These are generally because of the various small mistakes they make during the completion of the assignment which results in the deduction of marks. Accounting requires excellent mathematics as well as a various understanding of the methods of accounting. There are also some formats which they had to follow and hence making it very difficult for students to achieve good marks. Students also require to learn other subjects as well as completely different assignments which results in a shortage of time for their studies. These reasons are enough to increase the chance of students not scoring good in their examinations.

As we know good marks are necessary for students to stand out from the crowd to get a good and stable job in their future. To reduce these kinds of issues, students must let the professionals complete their accounting assignments and they should study for their exams so that students can get good marks in their examinations. Also, not to say since students are less experienced in accounting, they generally take more time to complete the assignments which are not 100 percent correct hence making their efforts go in vain.

Need for professionals for Accounting Assignment Help Services

Accounting assignments are hard to complete due to many reasons. Given below are some of the reasons why professionals are required to complete Accounting assignments:

  • Need for good mathematical skills: Since accounting is generally the basics of mathematics many students find it difficult to complete the assignments because of the amount of mathematics they have to do in the subject. Mathematics in these assignments itself is not hard but the amount of mathematical operations taking place often confuses the students, hence making them lose their interest as well as marks in the assignments.
  • The requirement of accuracy: These assignments generally require a high degree of accuracy because any mistakes in calculation or process may completely change the answer. Accuracy can only be achieved from practice and also if the person completing the assignment is cool-headed and can efficiently handle the pressure. Students who don’t have experience in handling pressure often make them do some silly mistakes which affect their marks.
  • Difficulty level: The assignments given on Accounting are hard to complete as the students have to first learn all the methods and basics of accounting along with mathematics which can be hard for beginners. Students generally try to copy answers from one another to complete the assignments and in turn make mistakes as in accounting no two questions can be the same as their various numbers in them are changed.

Choose the best Accounting Assignment Help Provider Online


Students get confused upon seeing the numerous online accounting help provider which may make it difficult for students to choose the correct one. The students should choose the provider who is willing to put in the effort as the students themselves put their effort in making the assignments. Students should also check for their validity as this online assignment help may con them and hence, they would lose marks as well as money. Students should look for experts and also the provider with whom the previous students have praised. Not many assignments help providers think about the students because they know once the student comes to them there is no going back. The student should also make sure that the assignment help provider can finish the assignment before the deadline so that students have time to check the results to increase their chance of scoring good marks in their assignments. We at My Assignment Help can provide our clients with a professional-grade solution with no mistakes. What makes us the best? Check the next section.

What makes Assignmenthippo the best Account Assignment Help Expert Hub?

My Assignment Help is one of the leading online assignment help provider. We value our clients hence we provide them with industry grade assignments which upon submission present them with good marks from the professors. We can provide an industry-grade solution to the assignments given to us because of our experts who are well trained and have plenty of experience in the field. Also, we have various collaborations with professors of different universities who read these assignments and tell us if they are good for submission or not. Our team works tirelessly to complete your assignment on time so that we don’t miss our deadline provided by the clients because we know that our clients expect us to deliver the work on time. 

Also, to reduce any mistakes we have a special team to proofread the solutions to reduce any chances of any mistakes that may occur in the assignments. We know plagiarism is a big concern for almost all the universities and they punish it severely if caught. To address that problem, we at My Assignment Help check for plagiarism ourselves before providing the client with answers, and if asked we also provide the plagiarism report to confirm our words. Given below are some of the things which makes us the best Accounting assignment help provider in the world:

  1. Well experienced and trained experts
  2. Unique solution for every assignment
  3. Deadline friendly
  4. Innovative pricing scheme
  5. Multiple proofreading
  6. 24*7 customer service
  7. 24*7 Assignment Help

Sample Accounting Assignment Solved by the Experts


Each week students were provided with three tutorial questions of varying degrees of difficulty. These tutorial questions are available in the Tutorial Folder for each week on Blackboard. The Interactive Tutorials are designed to assist students with the process, skills, and knowledge to answer the provided tutorial questions. Your task is to answer a selection of tutorial questions for weeks 7 to 11 (topics 6-10) inclusive and submit these answers in a single document.

Week 7 (Topic 6) (10 marks)

Hi-Tech Products manufactures three (3) types of CD players: Cheap, Econo, and Deluxe. Hi-Tech uses an activity-based product costing system. The company has identified five (5) activities. Each activity, its cost, and related activity driver are identified below: 

Activity

   

Activity Cost

   

Activity Driver

Material handling

   

$225 000

   

Number of parts

Material insertion

   

$2 475 000

   

Number of parts

Automated machinery

   

$840 000

   

Machine hours

Finishing

   

$170 000

   

Labor hours

Packaging

   

$170 000

   

Orders shipped

Total manufacturing cost $3 880 000

The following information pertains to each product line of CD players:

 

Cheap

Econo

Deluxe

Units to be produced 

10 000 

5000

2000

Orders to be shipped 

1000

500

200

Number of parts per unit

10

15

25

Machine hours per unit

1

3

5

Labour hours per unit 

2

2

2

Under an activity-based product costing system, what is the cost per unit of Cheap?

Week 8 (Topic 7) (10 marks)

Assume for a firm that budgeted production for July and August is 180 000 and 200 000 units respectively. It takes half a kilogram of direct material to make one unit of the finished product. Materials inventory is maintained at 10 percent of the next month's budgeted production needs. If the 30 June inventory of materials was 5000 kg, how many kilograms of direct material should be purchased during July?

Week 9 (Topic 8) (10 marks)

Cultco Company Ltd has set the following direct material standards per unit of product: 2.5 kg @ $3.00 per kg; $7.50 per unit. During April, actual direct material purchased and used amounted to 8000 kg at a cost of $3.10 per kg. The actual production amounted to 3000 units. Determine the total material variance.

Week 10 (Topic 9) (10 marks)
  1. Fragrance Pty Ltd has two (2) divisions: the Cologne Division and the Bottle Division. The company is decentralized and each division is evaluated as a profit center.

The Bottle Division produces bottles that can be used by the Cologne Division. The Bottle Division's variable manufacturing cost per unit is $2.00 and shipping costs are $0.10 per unit. The Bottle Division's external sales price is $3.00 per unit. No shipping costs are incurred on sales to the Cologne Division. The Cologne Division can purchase similar bottles in the external market for $2.50. The Bottle Division has sufficient capacity to meet all external market demands in addition to meeting the demands of the Cologne Division. 

Using the general rule, calculate the minimum transfer price from the Bottle Division to the Cologne Division. Explain your answer (4 marks)

  1. For the period just ended, Trek Corporation's Trailer Division reported a profit of $54 million and invested capital of $450 million. Assuming an imputed interest rate of 10 percent, calculate Trailer’s return on investment (ROI) and residual income. Explain what each calculation of ROI and RI means for Trek. ( 6 marks)
Week 11 (Topic 10) (10 marks)

Chelonia Ltd manufactures small robot toys. It plans to introduce two products, Speedie and Spunkie. It is anticipated that the product mix will be 40% Speedie and 60% Spunkie. One unit of Speedie will be sold for $100, with variable cost equals $40. For a unit of Spunkie, the selling price will be $120 and the variable cost is $70. The fixed cost for producing the two products is $108 000. 

  1. What is the break-even point in units for each product? ( 5 marks)
  1. The company plans to include a safety margin of $20 000 before tax. Assuming a tax rate of 30%, what should be the budgeted sales in units? ( 5 marks)

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