Evaluate the cost structure, Cost Accounting

The project (using the tools and techniques given in Chapters 3, 8, 10, 11, and 12 of the textbook) and its subsequent report are based on the complete economic analysis of a company and its available current financial data. The students are required to evaluate the company based on the trends in its demand for and the price of the products of the company, the cost incurred, and the profits generated over time and evaluate them against the industry standard or a comparable firm. Details, including the selection of the company (for evaluation), will be discussed throughout the semester. In general, the analysis is done in the following steps:

Evaluate the demand function and revenue function of the company by using the company information. Also, calculate the price- and cross-elasticities (calculated using information from the company of choosing and a comparable firm) of demand for the products of the company.

Use Regression Analysis in EXCEL to estimate the demand function (P versus Q).

Evaluate the cost structure of the company as well as its Total Cost, Average Cost and Marginal Cost functions.

Based on the Cost and Revenue structure of the company, determine the economic profit, output and product prices of the company. The nature of the company selected by the student would determine the market structure of the company (competition, monopolistic competition, monopoly, or oligopoly).

Use the Mergent Online Program available to the business students in the business lab to obtain information on the company economic data (the relevant data would include, but not limited to the balance sheet and income statement).

Make sure to attach all the company related printouts you have obtained from various sources with your final write-up.

A series of web addresses that provide company demand, revenue, cost, pricing, profit, and financial information are given below.

Posted Date: 3/30/2013 1:17:00 AM | Location : United States







Related Discussions:- Evaluate the cost structure, Assignment Help, Ask Question on Evaluate the cost structure, Get Answer, Expert's Help, Evaluate the cost structure Discussions

Write discussion on Evaluate the cost structure
Your posts are moderated
Related Questions
Marginal analysis finds to equalize the cost of producing one more item (marginal costs) with the revenue gained from selling one more item (marginal revenue).

Critical Thinking about Cost Flow It is simple to overlook an important aspect of cost flow within a manufacturing operation. If you see that have taken note of an important co

A normal job-order costing system is a system that uses :    A.  actual costs for direct materials and estimated costs for direct labor and overhead B.  estimated costs

Keira Knightley Company buys a piece of equipment for $36,442 that will last for 7 years. The equipment will generate cash flows of $7,000 per year and will have no salvage value a

1.    Provide at least three characteristics of a corporation (in your own words).   2.   The date on which a cash dividend becomes a binding legal obligation is known

sales to profit volume ratio for three year

Group Bonus Plan There are specific operations or jobs that require to be done collectively via a group of workers, as an example of, continuous production work flows in asse

Write a mini report in which you "Critically Describe, Aanlyse and Reflect on the Brand Image Extension.  This task must include evidence of collection primary data on the same

Administration Costs Budget This represents the costs of all administration expenses. Every department or budget centre will be responsible for the preparation of its own bud

Slick Corporation is a small producer of synthetic motor oil. During May, the company produced 5,000 cases of lubricant. Each case contains twelve quarts of synthetic oil. To achie