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Assignment

• 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.

• Devote at least 1 paragraph to the ethical considerations of costing methods.

Assignment Guidelines:

•Add a section to your paper, outlining 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?

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M92577591

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