Costing (Develop a company )

Costing

Deliverable Length:Word document, 1,000 words;
may include some calculations embedded from Excel NEEDS APA FORMAT!

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.
•
Outline 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?

NEEDS APA
FORMAT!