Please write an essay with 6 references, minimum 850 words andmaximum 1500. Also, please use APA style citation. I will 1000percent give thumbs up for legit answer
- Please Write An Essay With 6 References Minimum 850 Words And Maximum 1500 Also Please Use Apa Style Citation I Will 1 (305.84 KiB) Viewed 10 times
Essay
Questions Suppose you are researching how to start a business and are learning about the costs. 1. To learn more about cost you decided to select 2 (two) companies one that uses job order and another process costing. For each of the two types of companies you selected from above, provide an example of each of the following costs your selected companies might incur. Fully explain your examples. a. Direct material. b. Direct labor c. Manufacturing overhead d. Selling and administrative expense. Be sure to explain and support your answers. 2. Suppose you have decided to start a business producing and selling a product of your choice answer the following
questions related to your product: a. Briefly describe the product you would produce and sell. What market will you target this product for? At what price would you sell your product? Make a projection of your sales in units for the first year of operations. b. Make a detailed list of the materials needed to make your product. (Use the textbook and/or outside research as necessary.) How much in materials will you need for the year? What is the cost of these materials? c. Make a list of expenses you would incur in your business venture. (Use the textbook and/or outside research as necessary.) Examples include rent, utilities, insurance, direct labor, manufacturing overhead costs and so on. Estimate the cost of each of these expenses per year. d. Classify all of your expenses as either fixed or variable, and calculate how many units of your product you would need to sell to break even. Show your work. e. How much operating income would you like to earn in the first year? Calculate how many units you would need to sell to break even, and to meet your target profit. f. How realistic is your potential venture? Do you think your target profit is achievable? Explain. 3. Using the textbook and/or the Internet, find resources that confirm the importance of budgeting to organizations and answer the
questions below in essay format. Briefly describe your understanding of how and why managers use budgets. a. What types of budget approaches are typically used in for-profit companies as opposed to non-profit organizations? Explain at least two different budget methods. b. What type of budget will you use for your
company? c. Describe a minimum of two ways in which a personal budget is similar to a business budget. Provide support for your response.
Criterion -1- Evaluation 35% -2- Critical Thinking/Analysis 35% Below Standards The student demonstrates no evidence of analysis or critical thinking skills and has used the most easily obtainable information, most of which is insufficient Is unable to analyze information,
questions, and problems or does so superficially Minimal Standards The student shows little evidence of analysis or critical thinking and some of the chosen sources are irrelevant or insufficient Analyzes some key information,
questions, and problems competently Meets Standard The student demonstrates a clear understanding of the subject matter with some evidence of analysis critical thinking and has researched and located some sources that are appropriate to the topic with some variation in content and/or format Analyzes key information,
questions, and problems competently Exceed Standards The student demonstrates a superior level of depth regarding understanding of the subject matter, analysis of the material, critical thinking and has researched and located multiple sources appropriate to the topic that are varied both in content and format Analyzes key information,
questions, and problems clearly and precisely
-3- Knowledge and Application 20% -4- Writing & APA compliance 10% The student is unable to apply the concepts from the text to respond to a given task or course content. Writing that exhibits multiple difficulties with: fragments, person shifts, comma splices, in- text citation punctuation, subject-verb agreement, works cited punctuation, spelling errors, other distracting features in usage. The student applies few concepts from the text to respond to a given task or course content. Writing that exhibits some difficulties with: fragments, person shifts, comma splices, in-text citation punctuation, subject- verb agreement, works cited punctuation, spelling errors, other distracting features in usage. The student applies some concepts from the text to respond to a given task or course content. Uses sentences that are usually correct but sometimes awkward; some errors in APA format, mechanics, grammar, syntax, or spelling that does not affect reader understanding. The student applies many concepts from the text to respond to a given task or course content. Uses correct, varied sentences with few, if any, errors in APA format, mechanics, grammar, syntax, or spelling.