Category: Business and Management : Accounting

To begin, reread the Course Learning Outcomes we have covered in class which are as follows:
Implement the proper accounting procedures for liabilities.
Describe the nature and purpose of corporations.
Record transactions and prepare financial statements for a corporation.
Analyze, evaluate, and interpret financial statements for management purposes.
Describe Job Order and Process Costing systems.
For your initial discussion post, reflect on your learning throughout the course and answer the following questions:
Of the above Course Learning Outcomes, which has had the most and which has had the least impact on your learning? Elaborate your response.
Generally speaking, are operational budgets and capital budgets significantly different? Compare and contrast these budgeting methods listing at least two benefits and two drawbacks to each.
How will you apply what you have learned in this class as a foundation for learning in other courses? Explain.
Are the concepts and skills learned in this class helpful to you in your career? Describe

Case Studies Outline
Case 2: Accounting for Leases At American Airlines
Topics:
•     Accounting for Leases
•     Managing a change in Accounting Rules
•     On- and off-balance sheet obligations
•     Valuation and financial statement impact of different accounting standards
 
What you need to do:
Read the assigned case (in coursepack) and answer the following questions:
 
1.      Would you recommend that accounting standard setters require firms to capitalize variable leases under the new standard? Why of why not?
Double spaced, 12 font  

Complete the ABC Project and upload your report. Report should be in Chicago Manual of Style format.
Need the numbers & Written portion
ABC Project-Writeup
Check PDF FOR FULL INSTRUCTIONS
You are to assume you are a consultant working for the company. You will want your report to be
professional and “ADD VALUE” to the company. Use an executive summary, followed by the
detailed report.
Be sure to include the following:
(1) Argue for the use of Activity-based Costing by in this case by:
a) Describing when Activity-based Costing is appropriate and when Traditional Costing is
appropriate and when each is not appropriate to use.
b) Discussing what are the strengths and weaknesses of ABC? When is it appropriate to use?
What kinds of business situations suggest the need for ABC?
c) Applying a &b to the case and arguing for an Activity-based Costing system.
(2) Describe the Activity-based costing system you are recommending. Include a justification for
the cost driver selected.
(3) Present your new cost findings. Include both per unit and total cost data. There should be
tables with cost information included.
(4) Make strategy recommendations for each product and for the plant. Use the cost and profit
numbers to justify these recommendations.
(5) Comment on the validity of the plant manager’s concern that competitors are selling below
the cost of making Part 127.
(6) Explain the apparent lack of competition for Part 234 and the customers’ response to potential
price increase.
(7) Make any other additional recommendations or suggestions.
Written Document Instructions
Cover page for first submission: A cover page has been provided for your use for the first
submission. Do not use a cover page for the final submission.
The project (beyond the cover page) should start with an executive summary. This is a one-page
summary of your findings and conclusions that can stand alone. It should provide links to where
more in-depth analysis is found in the paper. One easy way to structure your executive summary
is to use a memo template from Word. Keep in mind that your boss might read your entire report,
but your boss’s boss might only read the executive summary. Your conclusions should JUMP out
at the reader. You can use bullets, bold, tables, and any other formatting tool to enhance the
readability of the report.
After the executive summary, you will write the report. The report will include the analysis
provided in the class. You will need to integrate it into the report neatly and professionally with
appropriate descriptions and details. If you have multiple pages and think a table of contents
would be helpful, you may use one. You will need to address all seven points above.

Complete the ABC Project and upload your report. Report should be in Chicago Manual of Style format.
Need the numbers & Written portion
ABC Project-Writeup
Check PDF FOR FULL INSTRUCTIONS
You are to assume you are a consultant working for the company. You will want your report to be
professional and “ADD VALUE” to the company. Use an executive summary, followed by the
detailed report.
Be sure to include the following:
(1) Argue for the use of Activity-based Costing by in this case by:
a) Describing when Activity-based Costing is appropriate and when Traditional Costing is
appropriate and when each is not appropriate to use.
b) Discussing what are the strengths and weaknesses of ABC? When is it appropriate to use?
What kinds of business situations suggest the need for ABC?
c) Applying a &b to the case and arguing for an Activity-based Costing system.
(2) Describe the Activity-based costing system you are recommending. Include a justification for
the cost driver selected.
(3) Present your new cost findings. Include both per unit and total cost data. There should be
tables with cost information included.
(4) Make strategy recommendations for each product and for the plant. Use the cost and profit
numbers to justify these recommendations.
(5) Comment on the validity of the plant manager’s concern that competitors are selling below
the cost of making Part 127.
(6) Explain the apparent lack of competition for Part 234 and the customers’ response to potential
price increase.
(7) Make any other additional recommendations or suggestions.
Written Document Instructions
Cover page for first submission: A cover page has been provided for your use for the first
submission. Do not use a cover page for the final submission.
The project (beyond the cover page) should start with an executive summary. This is a one-page
summary of your findings and conclusions that can stand alone. It should provide links to where
more in-depth analysis is found in the paper. One easy way to structure your executive summary
is to use a memo template from Word. Keep in mind that your boss might read your entire report,
but your boss’s boss might only read the executive summary. Your conclusions should JUMP out
at the reader. You can use bullets, bold, tables, and any other formatting tool to enhance the
readability of the report.
After the executive summary, you will write the report. The report will include the analysis
provided in the class. You will need to integrate it into the report neatly and professionally with
appropriate descriptions and details. If you have multiple pages and think a table of contents
would be helpful, you may use one. You will need to address all seven points above.

Complete the ABC Project and upload your report. Report should be in Chicago Manual of Style format.
Need the numbers & Written portion
ABC Project-Writeup
Check PDF FOR FULL INSTRUCTIONS
You are to assume you are a consultant working for the company. You will want your report to be
professional and “ADD VALUE” to the company. Use an executive summary, followed by the
detailed report.
Be sure to include the following:
(1) Argue for the use of Activity-based Costing by in this case by:
a) Describing when Activity-based Costing is appropriate and when Traditional Costing is
appropriate and when each is not appropriate to use.
b) Discussing what are the strengths and weaknesses of ABC? When is it appropriate to use?
What kinds of business situations suggest the need for ABC?
c) Applying a &b to the case and arguing for an Activity-based Costing system.
(2) Describe the Activity-based costing system you are recommending. Include a justification for
the cost driver selected.
(3) Present your new cost findings. Include both per unit and total cost data. There should be
tables with cost information included.
(4) Make strategy recommendations for each product and for the plant. Use the cost and profit
numbers to justify these recommendations.
(5) Comment on the validity of the plant manager’s concern that competitors are selling below
the cost of making Part 127.
(6) Explain the apparent lack of competition for Part 234 and the customers’ response to potential
price increase.
(7) Make any other additional recommendations or suggestions.
Written Document Instructions
Cover page for first submission: A cover page has been provided for your use for the first
submission. Do not use a cover page for the final submission.
The project (beyond the cover page) should start with an executive summary. This is a one-page
summary of your findings and conclusions that can stand alone. It should provide links to where
more in-depth analysis is found in the paper. One easy way to structure your executive summary
is to use a memo template from Word. Keep in mind that your boss might read your entire report,
but your boss’s boss might only read the executive summary. Your conclusions should JUMP out
at the reader. You can use bullets, bold, tables, and any other formatting tool to enhance the
readability of the report.
After the executive summary, you will write the report. The report will include the analysis
provided in the class. You will need to integrate it into the report neatly and professionally with
appropriate descriptions and details. If you have multiple pages and think a table of contents
would be helpful, you may use one. You will need to address all seven points above.

Complete the ABC Project and upload your report. Report should be in Chicago Manual of Style format.
Need the numbers & Written portion
ABC Project-Writeup
Check PDF FOR FULL INSTRUCTIONS
You are to assume you are a consultant working for the company. You will want your report to be
professional and “ADD VALUE” to the company. Use an executive summary, followed by the
detailed report.
Be sure to include the following:
(1) Argue for the use of Activity-based Costing by in this case by:
a) Describing when Activity-based Costing is appropriate and when Traditional Costing is
appropriate and when each is not appropriate to use.
b) Discussing what are the strengths and weaknesses of ABC? When is it appropriate to use?
What kinds of business situations suggest the need for ABC?
c) Applying a &b to the case and arguing for an Activity-based Costing system.
(2) Describe the Activity-based costing system you are recommending. Include a justification for
the cost driver selected.
(3) Present your new cost findings. Include both per unit and total cost data. There should be
tables with cost information included.
(4) Make strategy recommendations for each product and for the plant. Use the cost and profit
numbers to justify these recommendations.
(5) Comment on the validity of the plant manager’s concern that competitors are selling below
the cost of making Part 127.
(6) Explain the apparent lack of competition for Part 234 and the customers’ response to potential
price increase.
(7) Make any other additional recommendations or suggestions.
Written Document Instructions
Cover page for first submission: A cover page has been provided for your use for the first
submission. Do not use a cover page for the final submission.
The project (beyond the cover page) should start with an executive summary. This is a one-page
summary of your findings and conclusions that can stand alone. It should provide links to where
more in-depth analysis is found in the paper. One easy way to structure your executive summary
is to use a memo template from Word. Keep in mind that your boss might read your entire report,
but your boss’s boss might only read the executive summary. Your conclusions should JUMP out
at the reader. You can use bullets, bold, tables, and any other formatting tool to enhance the
readability of the report.
After the executive summary, you will write the report. The report will include the analysis
provided in the class. You will need to integrate it into the report neatly and professionally with
appropriate descriptions and details. If you have multiple pages and think a table of contents
would be helpful, you may use one. You will need to address all seven points above.

Complete the ABC Project and upload your report. Report should be in Chicago Manual of Style format.
Need the numbers & Written portion
ABC Project-Writeup
Check PDF FOR FULL INSTRUCTIONS
You are to assume you are a consultant working for the company. You will want your report to be
professional and “ADD VALUE” to the company. Use an executive summary, followed by the
detailed report.
Be sure to include the following:
(1) Argue for the use of Activity-based Costing by in this case by:
a) Describing when Activity-based Costing is appropriate and when Traditional Costing is
appropriate and when each is not appropriate to use.
b) Discussing what are the strengths and weaknesses of ABC? When is it appropriate to use?
What kinds of business situations suggest the need for ABC?
c) Applying a &b to the case and arguing for an Activity-based Costing system.
(2) Describe the Activity-based costing system you are recommending. Include a justification for
the cost driver selected.
(3) Present your new cost findings. Include both per unit and total cost data. There should be
tables with cost information included.
(4) Make strategy recommendations for each product and for the plant. Use the cost and profit
numbers to justify these recommendations.
(5) Comment on the validity of the plant manager’s concern that competitors are selling below
the cost of making Part 127.
(6) Explain the apparent lack of competition for Part 234 and the customers’ response to potential
price increase.
(7) Make any other additional recommendations or suggestions.
Written Document Instructions
Cover page for first submission: A cover page has been provided for your use for the first
submission. Do not use a cover page for the final submission.
The project (beyond the cover page) should start with an executive summary. This is a one-page
summary of your findings and conclusions that can stand alone. It should provide links to where
more in-depth analysis is found in the paper. One easy way to structure your executive summary
is to use a memo template from Word. Keep in mind that your boss might read your entire report,
but your boss’s boss might only read the executive summary. Your conclusions should JUMP out
at the reader. You can use bullets, bold, tables, and any other formatting tool to enhance the
readability of the report.
After the executive summary, you will write the report. The report will include the analysis
provided in the class. You will need to integrate it into the report neatly and professionally with
appropriate descriptions and details. If you have multiple pages and think a table of contents
would be helpful, you may use one. You will need to address all seven points above.

ASSESSMENT CRITERIA
Good understanding of the relevant concepts
Competency in applying the specific techniques
Ability to apply analytical and crucial evaluation where appropriate
Structure/Presentation
DETAILED DESCRIPTION
The assignment is based on the case of Alpha Ltd. a manufacturer of casual and leisure clothes aimed particularly at the younger, higher income market. The firm is current facing a financing problem and is considering short-run funding solutions. You are expected to analyse the financial data provided in the case using the appropriate techniques in order to evaluate its performance.
Specifically, you should conduct an analysis of the company’s financial reports using ratios
You may also apply other techniques (horizontal and vertical), however, you are NOT required to do SO.
Based on your evaluation, you should recommend appropriate actions that would help the company
overcome the weaknesses you nave identified and to sort out its cash constraint.
Assignments should not exceed the length of 1,500 words (excluding excluding computational work and executive summary
Following the guidelines of the “Students Handbook”, reports should be written using the Century Gothic font at a size of 12 and with 1.5 spacing between lines. There should be clear spacing between paragraphs, sections and subsections.
Students are expected to follow the below report structure (indicative – you should adjust the structure according to the type of your coursework report):
1) Executive summary
2) Table of Contents
3) Brief Introduction
4) Computational Work (You need to show your computations)
4) Analysis – based on the computational work you should provide an analysis or me company’s financial performance
5) Recommendations: Based on the analysis suggest specific actions which can help the company to alleviate its problems and put it back on track.
6) Conclusion(s)
7) Bibliography – you must utilise the Harvard  8) Reference System
9) Appendices – if needed
!!! In this assessment you are not permitted to use GenAl at all. Suspected use of Generative Al will be investigated under the Use of Unfair Means Policy as stated in the Regulations !!!
The case of Alpha Ltd. is attached!

Cookie Business

In this project, you will be opening your own specialty cookie company to see how product costing methods and changes in
production affect business decisions. You will be creating a series of reports and analyzing the results using the template
provided to guide you through the project.
The learning objectives of this project are as follows:
1. Gain an understanding of product costing (direct materials, direct labor, and overhead).
2. Review job order costing.
3. Review process costing.
4. Make business decisions based on analyzing accounting data.

You will prepare a four- to five-page written report (including spreadsheets) with at least two scholarly sources using the Unit
III Project Template. Your report will provide the following information:
Introduction

Part 1: Establish a cookie business selling only one type of specialty cookie with two employees making the cookies.
Create a name and establish a location for the business.
Construct a mission statement for the business.
Decide on the type of cookie you want to make and sell.

Part 2: Develop costing and sales information for 1,000 cookies.
Estimate and explain the cost per cookie based on job order costing (manufacturing overhead is 30% of direct labor
costs). Prepare a job order cost sheet by researching and identifying the top five ingredients and their estimated costs as
your direct materials. Research and identify the cost of wages for your two employees as your direct labor. It typically
takes two days to make 1,000 cookies.
Estimate and explain the cost per cookie based on process costing with 40% conversion costs. Identify the top three
processes you feel are needed to make the cookies and prepare a production cost sheet for one of those processes.
Estimate and explain the sales price you plan to set per cookie based on the cost data.
Part 3: Compare and contrast the costing methods used in this project, including which you believe provides the most
useful information as a manager.

Part 4: Discuss what will happen to revenue if the number of the cookies sold increases or decreases.

Use the Unit III Cookie Project Spreadsheet Templates for your job order, and process costing spreadsheets to be embedded in your case study document. Be sure to use APA formatting throughout and reach out to the Writing Center or the Library for assistance with research, writing, and formatting. Include at least two academic resources