Loading...

Messages

Proposals

Stuck in your homework and missing deadline? Get urgent help in $10/Page with 24 hours deadline

Get Urgent Writing Help In Your Essays, Assignments, Homeworks, Dissertation, Thesis Or Coursework & Achieve A+ Grades.

Privacy Guaranteed - 100% Plagiarism Free Writing - Free Turnitin Report - Professional And Experienced Writers - 24/7 Online Support

Snhu acc 202 final project presentation

14/10/2021 Client: muhammad11 Deadline: 2 Day

Overview

Overview Successful entrepreneurs understand all aspects of business, especially costs and costing systems. Managerial accounting provides a framework for strategic analysis and planning with regard to cost behaviors and costing systems. In this final project, you have the opportunity to act as an entrepreneur and apply managerial accounting principles to evaluate and manage costs related to your products within a costing system. Additionally, you will demonstrate your ability to communicate your findings effectively to internal stakeholders, just as an actual business owner would need to do.

Specifically, you will assume the role of the owner of a hypothetical small business. In your milestone work, you will develop financial strategies prior to opening your business. For the final submission, you will create a presentation for your investors after your business has been in operation for a certain period of time. You will use the provided scenarios to complete your project.

In this assignment, you will demonstrate your mastery of the following course outcomes:

· ACC-202-01: Apply fundamental costing systems to optimize operations within a business

· ACC-202-02: Assess financial performance to communicate financial planning strategies to internal stakeholders

· ACC-202-03: Leverage fundamental managerial accounting methods to support the mission of an organization

Prompt

In a detailed presentation (12 to 15 slides in length, plus speaker notes and an addendum), explain and defend your costing strategies (i.e., the business plan created in your first and second milestones) and share your business’s performance to-date (i.e., the work from your third milestone). Be sure to effectively communicate to your stakeholders by breaking down concepts and using investor-friendly language to build their trust and confidence.

Specifically, the following critical elements must be addressed. Most of the critical elements align with a particular course outcome (shown in brackets).

I. Introduce your presentation

a. Outline your company’s profile, including its name, location, and mission and vision.

b. Explain for your investors the purpose of the presentation. What do you plan to communicate, and why should your investors pay attention? In other words, try to persuade your investors that the accounting information you are about to share is important. [ACC-202-03]

c. Explain and defend your methods for generating the information that you are about to share in terms of your adherence to industry standards and the AICPA code of ethics. In other words, why should your investors trust that you are delivering accurate financial data and that your decision-making process has been ethical?

d. Specifically, be sure to illustrate how your managerial accounting methods support the mission of your organization, using examples. [ACC-202- 03]

II. Financial Strategy: Review your original business plan and costing strategies using the prior-to-opening scenario information.

a. Justify your use of job order costing. Be sure to compare and contrast the various costing systems you learned about in this course as part of your defense. [ACC-202-01]

b. Explain and defend the selling prices that you established for grooming, day care, and boarding. Be sure to reference your cost-volume-profit analysis in your defense. [ACC-202-02]

c. Explain and defend your selected target profits for each area of your business. Be sure to reference your cost-volume-profit analysis in your defense. [ACC-202-02]

d. Explain and defend your contribution margin per unit and contribution margin ratio. Be sure to reference your cost-volume-profit analysis in your defense. [ACC-202-02]

III. Financial Statements: Assess your financial performance to-date using the post-opening scenario information.

a. Financial Statements

1. Share the statement of cost of goods manufactured and logically interpret the business’s performance against the provided benchmarks. [ACC-202-02]

2. Share the income statement and logically interpret the business’s performance against the provided benchmarks. [ACC-202-02]

b. Variance Analysis

1. Identify all variances for the direct labor time and the materials price. [ACC-202-02]

2. Evaluate the significance of the variances in terms of the potential to impact future budgeting decisions and planning. [ACC-202-02]

IV. In an addendum, submit your completed workbook, including the following:

c. Accurately classify all of your costs in the “Cost Classification” tab. [ACC-202-01]

d. Conduct a cost-volume profit analysis:

1. Determine your contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab. [ACC-202-01]

2. Determine your break-even points for achieving your target profits in the “Break-even analysis” tab. [ACC-202-01]

Final Project Rubric

Guidelines for Submission: Your presentation to investors must be at least 12–15 slides plus speaker notes, and all citations should follow APA formatting

Critical Elements

Exemplary (100%)

Proficient (85%)

Needs Improvement (55%)

Not Evident (0%)

Value

Introduce: Company’s Profile

Meets “Proficient” criteria and judiciously includes details relevant to the target audience of the presentation

Outlines the company’s profile, including its name, location, and mission and vision

Outlines the company’s profile but fails to include its name, location, and mission and vision

Does not outline the company’s profile

3

Introduce: Purpose [ACC-202-03]

Meets “Proficient” criteria and demonstrates nuanced appreciation for the role of managerial accounting in ethically supporting the mission of an organization

Explains the purpose of the presentation, including a persuasive case for the importance of the accounting information to be shared

Explains the purpose of the presentation, but fails to fully or persuasively make a case for the importance of the accounting information

Does not explain the purpose of the presentation

7

Introduce: Defend of Methods

[ACC-202-03]

Meets “Proficient” criteria and demonstrates nuanced appreciation for the role of managerial accounting in ethically supporting the mission of an organization

Explains and defends the methods for generating the information in the presentation in terms of their adherence to industry standards and the AICPA code of ethics

Explains the methods for generating the information in the presentation, but fails to fully defend the methods in terms of their adherence to industry standards and the AICPA code of ethics

Does not explain the methods for generating the information in the presentation

7

Introduce: Support the Mission

[ACC-202-03]

Meets “Proficient” criteria and demonstrates nuanced appreciation for the role of managerial accounting in ethically supporting the mission of an organization

Illustrates how the managerial accounting methods support the mission of the organization using specific examples

Discusses how the managerial accounting methods support the mission of the organization, but fails to fully or accurately illustrate using specific examples

Does not discuss illustrate how the managerial accounting methods support the mission of the organization

7

Financial Strategy: Costing Systems [ACC-202-01]

Meets “Proficient” criteria and demonstrates keen insight into key cost behaviors and cost systems

Justifies the use of job order costing by comparing and contrasting the various costing systems covered in the course

Discusses the use of job order costing but fails to fully or accurately justify its use by comparing and contrasting the various costing systems covered in the course

Does not discuss the use of job order costing

6

Financial Strategy: Selling Prices

[ACC-202-02]

Meets “Proficient” criteria and demonstrates strategic ability to propose costing solutions supported by the financial data

Explains and defends the selling prices for grooming, day care, and boarding by citing financial data from the cost-volume-profit analysis

Explains the selling prices for grooming, day care, and boarding, but fails to fully or accurately defend each price by citing financial data from the cost-volume-profit analysis

Does not explain the selling prices for grooming, day care, and boarding

8

Financial Strategy: Target Profits

[ACC-202-02]

Meets “Proficient” criteria and demonstrates strategic ability to propose costing solutions supported by the financial data

Explains and defends the target profits for each area of the business by citing financial data from the cost-volume-profit analysis

Explains the target profits for each area of the business, but fails to fully or accurately defend each one by citing financial data from the cost-volume-profit analysis

Does not explain the target profits for each area of the business

8

Financial Strategy: Contribution Margin [ACC-202-02]

Meets “Proficient” criteria and demonstrates strategic ability to propose costing solutions supported by the financial data

Meets “Proficient” criteria and demonstrates strategic ability to propose costing solutions supported by the financial data

Explains the contribution margin per unit and contribution margin ratio, but fails to fully or accurately defend each by citing financial data from the cost volume-profit analysis

Does not explain the contribution margin per unit and contribution margin ratio

8

Financial Statements: Statement of Cost of Goods Manufactured

[ACC-202-02]

Meets “Proficient” criteria and demonstrates sophisticated ability to evaluate critical performance measures for strategic planning

Shares the statement of cost of goods manufactured and logically interprets the business’s performance against the provided benchmarks

Shares the statement of cost of goods manufactured, but there are inaccuracies in the statement, or the interpretation has gaps in logic or fails to address the provided benchmarks

Does not share the statement of cost of goods manufactured

6

Financial Statements: Statement of Cost of Goods Manufactured

[ACC-202-02]

Meets “Proficient” criteria and demonstrates sophisticated ability to evaluate critical performance measures for strategic planning

Shares the statement of cost of goods manufactured and logically interprets the business’s performance against the provided benchmarks

Shares the statement of cost of goods manufactured, but there are inaccuracies in the statement, or the interpretation has gaps in logic or fails to address the provided benchmarks

Does not share the statement of cost of goods manufactured

6

Financial Statements: Income Statement

[ACC-202-02]

Meets “Proficient” criteria and demonstrates sophisticated ability to evaluate critical performance measures for strategic planning

Shares the income statement and logically interprets the business’ performance against the provided benchmarks

Shares the income statement, but there are inaccuracies in the statement or the interpretation has gaps in logic or fails to address the provided benchmarks

Does not share the income statement

6

Variance Analysis: Identify

[ACC-202-02]

Meets “Proficient” criteria and demonstrates sophisticated ability to evaluate critical performance measures for strategic planning

Accurately identifies all variances for the direct labor time and the materials price

Identifies variances for the direct labor time and the materials price, but fails to fully or accurately identify each

Does not identify variances for the direct labor time and the materials price

6

Variance Analysis: Significance of the Variance

[ACC-202-02]

Meets “Proficient” criteria and demonstrates sophisticated ability to evaluate critical performance measures for strategic planning

Evaluates the significance of the variances in terms of their potential to impact future budgeting decisions and planning

Evaluates the significance of the variances, but fails to fully or accurately identify their potential to impact future budgeting decisions and planning

Does not evaluate the significance of the variances

7

Addendum: Classify Costs

[ACC-202-01]

Meets “Proficient” criteria and demonstrates keen insight into key cost behaviors and cost systems

Accurately classifies all costs in the “Cost Classification” tab of the workbook

Accurately classifies all costs in the “Cost Classification” tab of the workbook

Does not classify costs in the “Cost Classification” tab of the workbook

6

Addendum: Contribution Margin [ACC-202-01]

Meets “Proficient” criteria and demonstrates keen insight into key cost behaviors and cost systems

Determines the contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab of the workbook

Determines the contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab of the workbook, but fails to fully or accurately complete the analysis

Does not determine the contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab of the workbook

6

Addendum: Break Even Points

[ACC-202-01]

Meets “Proficient” criteria and demonstrates keen insight into key cost behaviors and cost systems

Determines the break-even points for achieving the target profits in the “Break-even analysis” tab of the workbook

Determines the break-even points for achieving the target profits in the “Break-even analysis” tab of the workbook, but fails to fully or accurately complete the analysis

Does not determine the breakeven points for achieving the target profits in the “Break-even analysis” tab of the workbook

6

Effective Business Communication [ACC-202-02]

Meets “Proficient” criteria and demonstrates sophisticated ability to effectively communicate to internal stakeholders

Main ideas are clearly communicated and references are properly cited throughout the presentation

There are minor issues with the communication of ideas or use of citations that negatively impact the effectiveness of the presentation

There are critical errors in the communication of ideas that negatively impact basic comprehension of the presentation

Homework is Completed By:

Writer Writer Name Amount Client Comments & Rating
Instant Homework Helper

ONLINE

Instant Homework Helper

$36

She helped me in last minute in a very reasonable price. She is a lifesaver, I got A+ grade in my homework, I will surely hire her again for my next assignments, Thumbs Up!

Order & Get This Solution Within 3 Hours in $25/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 3 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 6 Hours in $20/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 6 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

Order & Get This Solution Within 12 Hours in $15/Page

Custom Original Solution And Get A+ Grades

  • 100% Plagiarism Free
  • Proper APA/MLA/Harvard Referencing
  • Delivery in 12 Hours After Placing Order
  • Free Turnitin Report
  • Unlimited Revisions
  • Privacy Guaranteed

6 writers have sent their proposals to do this homework:

Helping Hand
Engineering Help
Quick Finance Master
Math Exam Success
George M.
Innovative Writer
Writer Writer Name Offer Chat
Helping Hand

ONLINE

Helping Hand

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$25 Chat With Writer
Engineering Help

ONLINE

Engineering Help

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$41 Chat With Writer
Quick Finance Master

ONLINE

Quick Finance Master

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$20 Chat With Writer
Math Exam Success

ONLINE

Math Exam Success

I have done dissertations, thesis, reports related to these topics, and I cover all the CHAPTERS accordingly and provide proper updates on the project.

$19 Chat With Writer
George M.

ONLINE

George M.

I have written research reports, assignments, thesis, research proposals, and dissertations for different level students and on different subjects.

$25 Chat With Writer
Innovative Writer

ONLINE

Innovative Writer

I am a PhD writer with 10 years of experience. I will be delivering high-quality, plagiarism-free work to you in the minimum amount of time. Waiting for your message.

$18 Chat With Writer

Let our expert academic writers to help you in achieving a+ grades in your homework, assignment, quiz or exam.

Similar Homework Questions

The gatekeeper a case study in the selection of news - Introduction to programming using visual basic 2012 - Balloon and straw experiment - Thrt2 - Mrs weera the breadwinner - Maryanne menvielle - +91 9928097710 husband wifE disputE pRoblEm solution Molvi ji in Mumbai - Pubmed mesh major topic - C++ - Memo Due Tomorrow - How to calculate equivalent weight of copper - Inf - Tech article report - Tracking movement of a car with vuejs - Earth mat installation procedure - Polynomial project rooms answer key - Sharpening the team mind: communication and collective intelligence - Deindividuation examples in movies - Change management simulation power and influence chegg - Week 3 - Assignment 1: Document a Business - For Prof Hangoi - Who wrote all my sons - Factoring quadratics sign rules - Powerpoint - What is the difference between adjusting entries and correcting entries - What counseling theory am i - Diabetic foot ulcer ppt - West lothian college library - Shake it up rocky hurts her foot - Cisco metro ethernet design and implementation guide - Ceres gardening company funding growth in organic products case solution - Defining spiritual development a missing consideration for student affairs - Employee tardiness warning letter - Module 05 Scenario - Completing a Balance Sheet and Income Statement - Manor green primary academy - Cherie lunghi nescafe - Building material list spreadsheet - Beech hill medical practice - Media essay 2 - Bishopgate medical centre appointments - Black on white - Week 11-6512 - Hong kong philharmonic star wars - Excalibur corporation sells video games - My johari window essay - Wollondilly anglican college uniform - The old testament story 9th edition - Conditions for bacterial growth - Read carefully Assignment due for tomorrow at 3PM. ORIGINAL WORK a MUST. A paper a must !!! Due 8/14/20 - Case problem all time movie box office data - Discussion- Finance- 1 page – APA Format - Student debate agree or disagree - How to measure the thickness of a book - Columbia southern university algebra 1 - Rockin rollen - Electron configuration worksheet w311 - Companies demonstrate global corporate citizenship by - Teenage wasteland anne tyler - Converting recurring decimals to fractions - The suffix that means spitting is - Chapter 6 6 challenge problem accounting - What is an interpretive text - Explain the fruit of the poisonous tree doctrine - Sex linked traits virtual lab answers - Badminton doubles court lines - Data dictionary in dbms ppt - Maternal and child health nurse course - Safety critical software systems examples - River system worksheet answers - Www chemsheets co uk - Roberto carmona habló de los impuestos en su discurso. cierto falso - Humanistic nursing theory by paterson & zderad - Eso error 102 invalid metafile - Psychologists use different levels of analysis that offer complementary outlooks - Horschel brothers net worth - Manulife income series - asian balanced fund - CYBERSECURITY -- OPERATING SYSTEMS SECUIRTY -- REPORT about Ransomware locker - catch and detect techniques -- strictly plagiarism -- attach plagiarism report - The concept of Value (Discussion) - Laserjet pro m402 driver - Burger king europe gmbh - +61 3 8202 5207 - BUS 310 Week 6 Quiz - Conflict and negotiation in project management - Information taken from an existing classified source and generated into another form or medium - Lee v lee's air farming - Evaluate your style with The Pelle Pelle US Jackets! - Skill acquisition cognitive stage - During its first year of operations - Adaptive leadership questionnaire northouse pdf - Fundamental financial accounting concepts edition answersb - Macbeth observation interpretation and critique - Drama passive aggressive behavior - Convert miles to kms - River avon boat licence - Unit 5 discussion - Nursing Leadership #2 - What is gauge length in a tensile test - Dee why childrens centre - Module 7 trade terms quiz - Edu