Acc for baber makayla module 2 accounting cost systems

Assignment Help Accounting Basics
Reference no: EM13815090

Accounting Cost Systems and Cost Behavior

You are applying for a managerial position at an innovative and rapidly growing company. This is a dynamic company that wants an individual who adds value to the organization. Managers at this company wear many hats, so the position requires managing products, people, and financial aspects of running the company.

As part of the interview process, you are required to make a presentation covering four different topics, one per module for this course.

You choose the company and the new product that you want to showcase in your presentation. It can be real or fictitious (based on an industry). This is for background purposes only. The presentation is to showcase your abilities and what you can contribute to the organization.

IBIS World and BizStats have estimates of cost of goods sold and some other categories of operating expenses. Information about contribution margins are not available, but adding new products typically mean incurring both fixed and variable costs. Consequently, cost of goods sold is a reasonable estimate. Net operating income as a percentage of sales or some variation thereof may also be relevant if the new product is expected to contribute significantly to the bottom line. As a candidate for a position you would not have internal information available, but being resourceful and being a skilled researcher are desired traits for the position. IBIS World also has a wealth of other market statistics that may be helpful. Use listed background material and other resources as needed.

Required:

Include the following items in your presentation. 

  • What about special pricing for some markets or customers?
  • Show effect on revenues and profitability based on stated assumptions.
  • Potential advantages and disadvantages, both financial and non-financial.
  • What are the relevant costs to consider?

Additional Requirements:

Submit a Power Point presentation or a Word Document.  Use words, tables, and graphs to make a succinct presentation. Document all sources and provide links at the end. It is acceptable to add another slide or page to list the sources.

 

Reference no: EM13815090

Which approach do you think would result in more useful

How do the provisions of  SFAS No. 123(R)  differ from the bill introduced by members of Congress (Dreier and Eshoo), which would require expensing for options issued to onl

The annual demand serviced by each warehouse

A company currently has two warehouses. Each warehouse services half the company's demand, and the annual demand serviced by each warehouse is normally distributed with mean

Percent complete in ending work in process

Overton Company has gathered the following information. Units in beginning work in process 20,650 Units started into production 249,850 Units in ending work in process 25,80

Stored in a safe in the treasurer office

Brief Exercise 8-5 Mingenback Company has the following internal control procedures over cash disbursements. Identify the internal control principle that is applicable to each

What safeguards should be instituted to reduce the risk

ACCT20040 - Auditing and Ethical Practice, ACCT20075 - Auditing and Ethics Assessment Task. What action should Fellowes and Associates take to eliminate the potential threats

Why you have a negative evaluation of the theory area

Discuss why you have a negative evaluation of the theory area. In addition, state what you believe the theory effectively accomplishes. Discuss what you would write to the F

Manufacturing overhead applied_?

A Corporation uses a predetermined overhead rate of $23.90 per direct labor hour. This predetermined rate was based on a cost formula that estmated $286,8000 of total man

What will be the change in variable expenses

What will be the change in variable expenses if the sales volume increases by 10% - Calculate total selling and administrative expenses for the month of January & February.

Reviews

Write a Review

 
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd