Reference no: EM131264794 , Length:
Develop a company and determine what it will produce and sell. The requirement for this company is that it be a high-end, special-order type of manufactured product.
Complete the following in a Word document of 1,000 words:
Develop a list of inputs along with their associated costs, such as labor, materials, and overhead. You can research this information, make it up, or do a combination of both. Be specific as to costs.
You are to determine the selling price. Show your calculations, and discuss why you have determined this to be a good sale price.
How many items of your product will you need to produce to meet this sale price? How did you calculate this?
Determine which of the costing systems discussed in this class will work best for your company. Explain why.
Explain why those not chosen were not a good fit for your company.
You must explain "why not chosen" for a minimum of 3 costing methods.
Please devote at least 1 paragraph to the ethical considerations of costing methods.
Assignment Guidelines:
Add a section to your paper, outlining how you would implement capital budgeting in your company.
Prepare an example of a decision that you would make using either the IRR or Payback method of analysis. Why would you use this for your business?
|
Insert transitions to improve the flow of ideas
: Insert transitions to improve the flow of ideas (coherence) in the following paragraphs. - Consider transitions such as consequently, for example, however, on the contrary, moreover, and therefore.
|
|
How stress affects cognitive functions
: A brief explanation of how stress affects cognitive functions, including the roles of the amygdala and the prefrontal cortex. Then provide examples of situations when stress affected your attention, memory, problem solving, or decision making.
|
|
Explain how pearl approach to optimizing sales
: Explain how Pearl's approach to optimizing sales at Modern Shed combines decision making with problem solving. To what extent can the model of decision making in Figure be applied to the decisions that Pearl has made at Modem Shed
|
|
How effective has mark parker been as a strategist so far
: Strategic management is about formulating strategies that align an organization's internal capabilities with external opportunities while avoiding or minimizing threats. How effective has Mark Parker been as a strategist so far?
|
|
Determine the selling price
: Develop a company and determine what it will produce and sell. The requirement for this company is that it be a high-end, special-order type of manufactured product.
|
|
What is meant by audience benefits
: What is meant by "audience benefits"? When is the "you" view appropriate, and when is it inappropriate? What is bias-free language? Give original examples.
|
|
Strategic plan for the corporations divisions
: To feel confident that all of the employees in your strategic planning team understand all that you have taught them, you require each to prepare a streamlined version of the key elements of a strategic plan.
|
|
Find the maximum bending moment in each beam
: The end of the cantilever beam BD rests on the simply supported beam ABC. The two beams have identical cross sections and are made of the same material. Find the maximum bending moment in each beam when the 1400-lb load is applied.
|
|
Prepare assumptions that will drive the planning process
: Evaluate historical data and prepare assumptions that will drive the planning process. Produce a detailed 2 year cash budget that summarizes cash inflow, outflow, and financing needs.
|