Create a name and establish a location for the business

Assignment Help Accounting Basics

Reference no: EM132886001

Cookie Business

In this project, you will be opening your own specialty cookie company to see how product costing methods and changes in production affect business decisions. You will be creating a series of reports and analyzing the results using the template provided to guide you through the project.

The learning objectives of this project are as follows:

Gain an understanding of product costing (direct materials, direct labor, and overhead).
Review job order costing.
Review process costing.
Make business decisions based on analyzing accounting data.

Your report will provide the following information:

Introduction

Establish a cookie business selling only one type of specialty cookie with two employees making the cookies.

Question 1: Create a name and establish a location for the business.

Question 2: Construct a mission statement for the business.

Question 3: Decide on the type of cookie you want to make and sell.

Reference no: EM132886001

Questions Cloud

Calculate cookie creations warranty liability at december : Calculate Cookie Creations' warranty liability at December 31, 2021. (Hint: Note that there is no liability outstanding for the mixers sold in 2020.

Identify five financial ratios that feel are most important : Reflecting on this week's lesson about financial statement analysis, identify five financial ratios that you feel are the most important and why.

Describe key aspects of at least two religious traditions : Describe some key aspects of at least two religious traditions including something of their histories, beliefs, rituals, and ethics (values).

Explain the cost per cookie based on process costing : Explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three processes you feel are needed to make the cookies

Create a name and establish a location for the business : Create a name and establish a location for the business. Construct a mission statement for the business. Decide on the type of cookie you want to make and sell.

Individual supply chain project : Each student will complete an individual supply chain project to be recorded and uploaded to blackboard.

What factors would need to take into consideration : What factors would you need to take into consideration to determine if you want to incorporate or not? Explain your rationale, detailing the specific effects

Tools for project management in health services organization : You are the health care administrator for a physician practice with five primary care physicians.

What effect is dulce behavior having on dick : Dulce has been with her organization for three years and has received outstanding performance evaluations. Farai came on board one full year later than did Dulc

User Account

All Pages