Purpose of AssignmentThe materials covered this week distinguish between the different costing methods and provides needed tools for decision making. This case study focuses on determining equivalent

Production Costs Grading Guide ACC/561 Version 7

Production Costs Grading Guide

ACC/561 Version 7

Accounting

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Individual Assignment: Production Costs Purpose of Assignment

The materials covered this week distinguish between the different costing methods and provides needed tools for decision making. This case study focuses on determining equivalent units in a production business setting.

Resources Required

Generally Accepted Accounting Principles (GAAP)

U.S. Securities and Exchange Committee (SEC)

Tutorial help on Excel® and Word functions can be found on the Microsoft® Office website. There are also additional tutorials via the web offering support for Office products.

Grading Guide

Content	Met	Partially Met	Not Met	Comments:
Computed the overhead rate using the traditional (plantwide) approach.
Computed the overhead rates using the activity-based costing approach.
Determined the difference in allocation between the two approaches.
Determined the overhead rates using the activity-based costing approach with three cost pools.
Determined the overhead allocation for the family model and the deluxe model using three activity cost pools.
What is the difference in allocation between two activity cost pools and three activity cost pools? Is the difference in allocation worth using the third activity cost pool?
Showed all work/ computations in excel.
		Total Available	Total Earned
		100	#/100

Writing Guidelines	Met	Partially Met	Not Met	Comments:
Memo format is used. References and citations are consistent with APA formatting guidelines and meets course-level requirements.
Paragraph and sentence transitions are present, logical, and maintain the flow throughout the paper. Sentences are complete, clear and concise. Rules of punctuation and grammar have been followed.
The memo is no more than 500 words.
		Total Available	Total Earned
		30	#/30