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QUESTION

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

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 implementcapital budgetingin 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?
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*** Imaginary Company The *** ******* ****** involves *** *********** ** *** costs and ******* ***** based ** *** **** ***** segments **** cost elements ******** ********* ***** and ******** costs **** ***** appropriate in customizing *** ***** ** *** ******** ******* ******* *** to the ability ** *** ******* ** ******** *** ********* cost sections ********** ***** *********** ***** Most *********** *** *** ******* ******* ** *********** ** *** production of ******* ************ **** product ** * ***** *** costing ****** ** **** likely ****** in **** ************ process as it ****** ****** *** *********** ** each cost ************ ***** **** *** ** appropriate ** labor-intensive ******** as *** ******* ************* ******* ** the ******** ******* cameras *** other ******* methods ********* ******* costing ****** *** *** ******* do *** fit to *** ****** of product ** ********* Company ******* ******* ******** is ****** **** in *** ********** ** products ******* * continuous process 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***** replacement ****** ** **** ***** ********* *** ****** on ********** *********** ******* ****** ***** ******** 2011) The *********** ****** ****** *** ********** *** *************** **** ** *** ********* *** assets This ** ******* a *** asset **** lead ** lower return on ********** ******** **** certain ******** *********** Cost ********** ** ******* issue ***** ****** ******* ******** **** ******** occurs **** the management *********** shifts ***** **** the ****** ********* to ********* For ******** *** inappropriate **** ********** adversely ******* *** ********* ********** and ***** ****** *** ************* **** *** **************** budgeting ******** analyzing the ******* ******** available ** the company in order to ********* the most viable investment ******* * ***** *** ******* ********* ** *** company ** analyzing *** ********* *** ******* projects **** *** available ******* ** *** ******* These ******* *** ************** ** *** potential opportunities ********** ** *** ************* assessing *** **** flow ** *** ******* ********* the project and **** ************ *** ******* (Noreen et ** 2011) ** *** ******* ** *********** ****** ** ******* *** project *** ** ** profitable I will ********* the project *** *** ****** ******* ** *** ******* **** ********** *** process ** ** ********** in ************ *** ******* budgeting ** avoid *** incorrect allocation of capital ** *** companyUnder the ******* of method ** ******** ** I **** two projects *** **** a * *** ******* period and *** other ********* ****** I ***** select *** ******* **** 2 *** ** it **** ****** and *** ** supported ** *** ******* ********* in the ******* * ***** *** *** ******* method ** ******** ** ** ** easy to *** *** **** *** ******* ***** *********** or ********* ********* **** *********** *** ******* ****** ******** allows *** managers ** the ************* ** determine the ******** ******* **** *** projects ********* *** consideration ******* & ********* ***** This ******* *** ********** of *** company to **** ******** ********** ********* ******** ** *** ****** ******** ********* ** **** ***** *** *** ********* ** *** ******* cash ***** *** *** **** of investments Therefore *** ******* method ** ******** ** *** of *** simplest *** ********* approach ** ******** the alternative investment ****************************** * G & Krumwiede * ****** ******* ******* ******** ******* *** right ******** ******* ** Corporate ********** ***** ******* ***** 13-21Noreen * * ****** * C ***** ******** R * ****** Managerial ********** *** ******** New York *** *********** Higher EducationZimmerman J * ***** *********** * (2011) Accounting *** decision-making *** ******* ****** ** Accounting ********* ***** ***********

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