How many items of your product will you need to produce

Assignment Help Accounting Basics
Reference no: EM131747659

Assignment

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.

Reference no: EM131747659

Questions Cloud

How is balance sheet especially stockholders equity changing : Consider cost components. How are they changing from year to year? How is the balance sheet, especially stockholders' equity, changing?
Discuss what is the estimated present value of the future : What is the estimated present value of the future obligation
The production of processed food products : Specify the primary inputs, outputs, guides and enablers (IOGEs) involved in your chosen process and sub-process.
Confidence interval for the mean weight of all koalas : Biology and Environmental Science Koalas are not really bears, but are related to the wombat and the kangaroo and live in eastern Australia.
How many items of your product will you need to produce : How many items of your product will you need to produce to meet this sale price? How did you calculate this?
Create a needs analysis and evaluation report : Identify the training need and justify why training is the solution - create a needs analysis and evaluation report of approximately 10 pages
Company manufactures and sells a single product : Company manufactures and sells a single product that sells for $450 per unit; variable costs are $300.Annual fixed costs
Patient protection and affordable care act : Consider what you have learned about the Patient Protection and Affordable Care Act (ACA), the uninsured population, health disparities,
Prepare a schedule of budgeted cash collections : Prepare a schedule of budgeted cash collections from sales for January

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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