BAP22: Management Accounting

Required:

1) With reference to the above statement, describe what is meant by the value chain.

2) Explain how the value chain may be used to estimate costs.

3) Describe each segment of the value chain and explain why information about costs in the various segments of the value chain can be useful to managers.

4) Identify and explain the major purposes of value chain using examples from your selected annual report/ annual review of one of top 100 manufacturing companies listed on ASX.