Business Final Project

Words: 770
Pages: 3
Subject: Uncategorized

Cookie Business Final Project

Now that your cookie business is
well underway, you are going to use the knowledge that you have gained
in this course to evaluate the financial information for the company.
You will be creating a series of reports and analyzing the results using
the templates provided to guide you through the project.

The learning objectives of this project are as follows:

Apply accounting concepts and standards to the creation of accounting information and reports.
Analyze accounting information used to make strategic business decisions.
Apply ethical behavior to accounting-related situations.
Make business decisions based on analyzing accounting data.

Using the
Unit VII Final Project Template

, prepare a four- to five-page written report (including spreadsheets)
with at least three scholarly sources. Your report will provide the
following information:

Introduction

Part 1: Based on the data presented in the
Unit VII Spreadsheet Template

in Excel (CM Breakeven tab):

Calculate the contribution margin (CM) for each of the three products sold at the cookie business.
Calculate the weighted average CM.
Calculate the breakeven point.

Complete your calculations by
filling in the highlighted cells, and embed a copy of the completed
spreadsheet into this report. Discuss the results based on your
calculations as far as which type of cookie you think is the most
profitable, which has the highest CM, etc.

Part 2: Based on
the data presented in the Unit VII Spreadsheet Template in Excel (Full
Variable tab), complete the calculations listed below.

Calculate the value of ending inventory under full or absorption costing.
Calculate the value of ending inventory under variable costing.

Complete your calculations by
filling in the highlighted cells, and embed a copy of the completed
spreadsheet into this report. Discuss the results, and comment on which
method you think is more helpful to managers and why.

Part 3: Based on
the data presented in the Unit VII Spreadsheet Template in Excel
(Special Order tab), calculate the net increase or decrease in profit if
they take the special order.

Complete your calculations by
filling in the highlighted cells, and embed a copy of the completed
spreadsheet into this report. Discuss the results and comment on if you
think the cookie business should take on this special order of cookies
for a wedding. Business has been slow the last few months, and the offer
is less than the usual selling price for the cookies.

As part of your discussion, include
both quantitative (based on the numbers) and qualitative (not based on
numbers) factors that would go into the decision to take on the special
order.

Part 4: Based on
the data presented in the Unit VII Spreadsheet Template in Excel (IRR
tab), calculate the internal rate of return (IRR) for the new equipment
purchase.

Complete your calculations by
filling in the highlighted cells, and embed a copy of the completed
spreadsheet into this report. Note: the PV Annuity table is provided for
you. Discuss if you think the cookie business should accept or reject
the purchase of the new equipment and why.

Additional information has come to
your attention regarding the equipment purchase. One of the partner’s
brother owns the company that sells the equipment and insists the
equipment is needed. Discuss any ethical concerns you see with this type
of transaction.

Part 5: Based on
the data presented in the Unit VII Spreadsheet Template in Excel (Cash
Budget tab), calculate the cash receipts for the first quarter of this
year.

Complete your calculations by
filling in the highlighted cells, and embed a copy of the completed
spreadsheet into this report. Discuss your observations about the way
cash is collected if the company needs $150,000 per month for expenses.

Part 6: Based on
the data presented in the Unit VII Spreadsheet Template in Excel
(Variances tab), complete the following calculations.

Calculate the material variances.
Calculate the labor variances.

Complete your calculations by
filling in the highlighted cells, and embed a copy of the completed
spreadsheet into this report. Discuss your observations about the
variances and ways to plan to improve any of the variances.

Conclusion and Recommendations

Summarize the key observations that
you have made about the cookie business based on the calculations you
have performed, and present any future recommendations.

Let Us write for you! We offer custom paper writing services Order Now.

REVIEWS


Criminology Order #: 564575

“ This is exactly what I needed . Thank you so much.”

Joanna David.


Communications and Media Order #: 564566
"Great job, completed quicker than expected. Thank you very much!"

Peggy Smith.

Art Order #: 563708
Thanks a million to the great team.

Harrison James.


"Very efficient definitely recommend this site for help getting your assignments to help"

Hannah Seven