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Description
1,000 words
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.
Please
submit your assignment.
For
assistance with your assignment, please use your textbook and all course
resources.
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