Cost Information for Decision Making成本信息決策

Semester 1, 2013 

Assignment Tasks 

Due Date: 10 May 2013 (5 pm) 

Word Limit: 2,500 including references 

Mode of submission:  a hard copy in the assignment box by the due date 

Introduction 

Responsibility centre managers must understand how costs behave and management accountants can provide relevant information such as cost and driver analysis for managers’ internal decision making. Given the importance of cost information for internal decision making, it is imperative that both managers and management accountants have a good knowledge of the different ways costs can be classified, analysed and reported (Langfield-Smith, et al. 2012: 45).鑒于成本信息的內(nèi)部決策的重要性，當(dāng)務(wù)之急是管理人員和管理會計人員的不同方式的成本可以進(jìn)行分類，分析和報告一個良好的知識

Assignment Task 

The hospitality industry is a broad category of fields that includes hotels and restaurants, among others. The hospitality industry is a several billion dollar industry that mostly depends on the availability of leisure time and disposable income. A hospitality unit such as a restaurant, hotel, or even an amusement park consists of multiple responsibility centres such as facility maintenance, direct operations (servers, housekeepers, porters, kitchen workers, bartenders, etc.), management, finance, marketing, and human resources (Wikipedia). 

Read carefully the real life: classifying costs in Australia’s hotel industry, page 50 of your main text book. Read other relevant chapters of your main text and obtain other readings relevant to the questions below, particularly on cost management in hospitality sector. Some readings are provided below. Attempt tasks 1 – 5. Acknowledge all sources used and provide a list of all references. 酒店業(yè)是字段的范圍很廣，包括酒店和餐廳，等等。酒店業(yè)是一個數(shù)十億美元的產(chǎn)業(yè)，主要取決于閑暇時間和可支配收入的可用性。好客單元，如餐廳，酒店，甚至是一個游樂園由多個責(zé)任中心等設(shè)施的維護(hù)，直接操作（服務(wù)器，管家，搬運(yùn)工，廚工，調(diào)酒師等），管理，財務(wù)，營銷，和人力資源（維基百科）。

請仔細(xì)閱讀在現(xiàn)實(shí)生活中：在澳大利亞的酒店行業(yè)，你的主要課本第50頁分類成本。讀你的正文等有關(guān)章節(jié)，并獲得相關(guān)的以下問題，特別是對成本管理的酒店行業(yè)其他讀物。下面提供了一些讀數(shù)。嘗試任務(wù)1 - 5。確認(rèn)所使用的所有資源，并提供所有引用的列表。

1. Select an international organisation from the hospitality sector. Provide brief background details of your chosen organisation and submit the most recent organisational chart. #p#分頁標(biāo)題#e#

2. Identify all the responsibility centres and classify them into a cost centre, revenue centre, profit centre or an investment centre. Provide clear reasons for your classifications. 

3. Different cost concepts and classifications are used for different purposes (Langfield-Smith, et al. 2012: 45). Using publically available data for your chosen organisation, discuss each cost classification separately in detail.   

4. Select one responsibility centre within your chosen organisation, and explain in some detail which costs should be included in evaluating the performance of that responsibility centre manager.  

5. Explain how management accounting system motivates responsibility centre managers towards achieving organisational goals. (2+ 8 + 18 + 6 + 6 = 40 marks) 

Readings: 

Ahrens T., Chapman C. S., (2004) Accounting for flexibility and efficiency: A field study of management control systems in a restaurant chain, Contemporary Accounting Research,  Vol: 21, Pages: 271-301. 

Ahrens T., Chapman C. S., (2002) The structuration of legitimate performance measures and management: Day-to-day contests of accountability in a U.K. restaurant chain, Management Accounting Research, Vol: 13, Pages: 151 – 171. 

Potter, G., Schmidgall, R. S., (1999) Hospitality management accounting: current problems and future opportunities, International Journal of Hospitality Management, Vol: 18, No: 4, Pages 387 – 400.