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

28/12/2020 Client: saad24vbs Deadline: 12 Hours

ACC 202 Final Project Guidelines and Rubric


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


3


Total


100%


Applied Sciences

Architecture and Design

Biology

Business & Finance

Chemistry

Computer Science

Geography

Geology

Education

Engineering

English

Environmental science

Spanish

Government

History

Human Resource Management

Information Systems

Law

Literature

Mathematics

Nursing

Physics

Political Science

Psychology

Reading

Science

Social Science

Home

Blog

Archive

Contact

google+twitterfacebook

Copyright © 2019 HomeworkMarket.com

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:

Homework Guru
Top Essay Tutor
Helping Hand
University Coursework Help
Writer Writer Name Offer Chat
Homework Guru

ONLINE

Homework Guru

Hi dear, I am ready to do your homework in a reasonable price and in a timely manner.

$42 Chat With Writer
Top Essay Tutor

ONLINE

Top Essay Tutor

I have more than 12 years of experience in managing online classes, exams, and quizzes on different websites like; Connect, McGraw-Hill, and Blackboard. I always provide a guarantee to my clients for their grades.

$45 Chat With Writer
Helping Hand

ONLINE

Helping Hand

I am an Academic writer with 10 years of experience. As an Academic writer, my aim is to generate unique content without Plagiarism as per the client’s requirements.

$40 Chat With Writer
University Coursework Help

ONLINE

University Coursework Help

Hi dear, I am ready to do your homework in a reasonable price.

$42 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

Direct action advertising example - C and j sheet metal - World war 1 dbq - The most notable self-imposed personal demand is probably: - Claim about whether it is ethical to target uninformed consumers - Identification of a compound by mass relationships lab answers - The learning place student login - Where is b43 postcode - Purnell model for cultural competence - Healthcare Financial Management And Decision Making - 500 years of chicano history in pictures - Havells lighting catalogue 2018 - Baguley hall school holidays - Charlemagne had the most profound influence on which continent - Marston corporation manufactures disposable thermometers - Attraction is not a choice david deangelo - Cis 500 week 2 - Digital clinical experience shadow health - Soap Note - Discussion, Chapter 2 q&a, chapter 3 q&a - Linear regression project ideas - Ieshia evans baton rouge la - Composition and rhetoric - Points to consider when choosing a seam - Jennifer campbell diary of a social gal - How to write an elegy poem - Student Impact Scholarship ESSAY - Mark zuckerberg leadership style pdf - Quality of life questionnaire aphasia - Stand by me characters - Cambridge law test sample answers - Legal and ethical considerations for group and family therapy - Logic and critical thinking ppt - Which of the following statements are true regarding functions - 64.5 inches in cm - Affordable care act thesis statement - 2 page draft - How effective are fashion marketing agencies in boosting brand visibility and driving sales? - What is the molar mass of aluminum oxide al2o3 - Ford cost of goods sold - 305 william street melbourne - What are nouns verbs and adjectives - Virtual v Traditional Teams - Thrust stage pros and cons - Lab 2 separation of a mixture answers - What is a corrie - Writing Leadership - Argumentative essay about driverless cars - A certain stem cell produces only muscle - How to calculate sxy in statistics - Words to describe form in music - Medieval punishment for stealing - Ny times what's going on in this graph - Cabinet timbers port melbourne - The rocky mountain district sales manager of rath publishing inc - Cla-2 - Stolen by jane harrison essay - Genopro genogram software - A Comprehensive Guide for Writing an Effective Essay - Discussion - Mitchell antar - Final project - Altruism in society campaign and presentation - Art museum scavenger hunt worksheet - Discussion Board - Visit kiplinger com go troweprice - Child Abuse/prevention PAPER - Discussion Question 250 Words: Eating Disorder Diagnosis and Assessment - Pore size distribution bjh - Write Analysis & Reflection - Middletown centre for autism ireland - Evelyn adam conceptual model for nursing - Chapman building salford university - Https ess kroger com oneforce paystub paystub select do - How to draw paul revere - Kindergarten writing rubrics samples - Pt tata consultancy services indonesia - Trot and canter pole distances - Marginal cost benefit analysis and the goal of the firm - Yelp data set sql lookup - Do not go gentle into that good night figurative language - What is a provider sponsored organization - Magic the gathering printing facility texas - Shoulder strapping for bursitis - Vegetarian cookbook for beginners pdf - Which silicate minerals separate easily into sheets when they break - Homework - Pub7 - Racism birth control and reproductive rights summary - Tando stone bucks county gray - Help with Assignment- Due today - Strategic ANALYSIS OF A PUBLIC COPORATION - Writing assignment 5 - First class mines manager exam pattern - 9 for 9.95 kfc - Redcar and cleveland bus pass - The market for pizza has the following demand - Difference between cis and trans alkenes - Assignment - Freedonia has a comparative advantage in the production of tea