q1 how can managers make higher quality decisions give an example of decision made by one company and discuss how the mangers will make high quality decision 3 points q2 give a numerical example of cost function and analyze this cost functi

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The assignment is covering week 2, week 3 and week 4 materials.

Week 2: The Role of Accounting Information in Management Decision Making

Week 3: The Cost Function

Week 4: Cost – Volume – Profit Analysis

Instructions:

  • Do NOT remove the questions in the answer papers. But write your answers below each question.
  • Answer the ALL questions.
  • Assignments should be submitted in MS Word format
  • Font should be Times New Roman with 14 points.
  • You are required to work in this assignment individually.
  • You should submit the assignment via the Blackboard.
  • Students who submit assignments after deadline, will get ZERO.
  • If you engaged in plagiarism, you will get ZERO marks in the assignment or course.

Q1. How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision? (3 Points)

Q2. Give a numerical example of cost function and analyze this cost function? Discuss how is this cost function used in decision making? (3 Points)

Q3. Find a numerical example of cost-volume-profit (CVP) analysis, and analyze how CVP analysis is used for decision making? (4 Points)

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