Our Services

Get 15% Discount on your First Order

[rank_math_breadcrumb]

Accounting

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 se

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:

Gain an understanding of product costing (direct materials, direct labor, and overhead).

Review job order costing.

Review process costing.

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 (this is the first and only order).

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.

For process costing, examine the costs per 1,000 cookies looking at these top three processes (departments): Mixing, Add-ins, Packaging.

The Mixing Department will be examined in depth (only do this department).

All materials will be added in at the beginning of the process.

The cookies will be in the Mixing Department for a total of 8 hours (use two employees, 4 hours each as your direct labor). The cookies will be 100% complete with respect to materials, and only be 40% complete with respect to conversion costs (labor and overhead) before they are transferred to the Add-ins Department. Manufacturing overhead is 30% of direct labor costs.

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.

Conclusion and Recommendations

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 resources from the CSU Online Library in your report.

Share This Post

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. There are two ways for companies t

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. There are two ways for companies to borrow money. They can sign a note to borrow money from a bank or they can issue

Write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Please complete the following:

Write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Please complete the following: An entrepreneur is someone who has a passion and desire to organize and operate their own business. Using a business plan, an

Company: Samsung In this discussion, research income tax disclosures for a public corporation and access the impact of the tax differences on the income statement. Research this topic using AI (Copil

Company: Samsung In this discussion, research income tax disclosures for a public corporation and access the impact of the tax differences on the income statement. Research this topic using AI (Copilot or Chatgpt.com, for example) and present your findings. Include a summary of the topic, and what you learned after

KEONIA- UP TO 12/5/2025- *** IMPORTANT: PLEASE MAKE SURE THAT ALL WORK IS AUTHENTIC- DO NOT USE AI/ PLAGERISE AS THE ASSIGNMENT WILL BE RUN THROUGH TURN IT IN!!!!!* **** THIS ASSIGNMENT HAS 4

KEONIA- UP TO 12/5/2025- ***** IMPORTANT: PLEASE MAKE SURE THAT ALL WORK IS AUTHENTIC- DO NOT USE AI/ PLAGERISE AS THE ASSIGNMENT WILL BE RUN THROUGH TURN IT IN!!!!!***** ****** THIS ASSIGNMENT HAS 4 PARTS / PLEASE LABEL EACH PART SEPARATELY WITH REFERENCES WHEN COMPLETED****** **** FISCAL ACCOUNTABILITY **** PART

Write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. For this Discussion Board, ple

Write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. For this Discussion Board, please complete the following: A virtual business is any kind of business that is run via the Internet. With no physical location

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Payroll has many different parts.

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Payroll has many different parts. Not only is the employee paying taxes, but the employer is also paying additional payroll taxes. Watch the following

Company: Tesla In this discussion, please reflect on this weeks’ topics of corporate bonds and long-term debt. Choose a public corporation and evaluate the bond disclosure notes included with the fin

Company: Tesla In this discussion, please reflect on this weeks’ topics of corporate bonds and long-term debt. Choose a public corporation and evaluate the bond disclosure notes included with the financial statements. Research this topic using AI (Copilot or Chatgpt.com, for example) and present your findings. Minimum 250 words At

Write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. For this Discussion Board, ple

Write 200–250 words that respond to the following questions with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. For this Discussion Board, please complete the following: When multiple employee personalities come into one business unit, there is a possibility of conflict happening.

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Internal controls are an important

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Internal controls are an important part of business operations. Internal controls are used to protect assets. Both companies and individuals use internal controls. Companies

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important fo

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important for making informed decisions that balance financial performance with social and environmental responsibility. It helps managers align strategies with sustainability goals, drive innovation, and support

Module 1 – CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) repor

Module 1 – CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) reporting evaluates financial, social, and environmental impacts, providing a broader view of a company’s sustainability and long-term value creation. In analyzing trends over five years of financial

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Adjusting entries are used to make

Write 200–250 words that respond to the directions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. Adjusting entries are used to make sure that all revenue and expenses are recorded in the correct period. Last week you learned about four

Write a 1–2 page executive summary, along with an appendix of supporting information, in which you analyze an organization’s financial performance as well as its level of risk for lending and make and

Write a 1–2 page executive summary, along with an appendix of supporting information, in which you analyze an organization’s financial performance as well as its level of risk for lending and make and present a recommendation to help leadership make a loan decision. Collapse AllIntroduction This portfolio work project will

Listed below are several terms and phrases associated with the accounting concepts. Pair each item from List A with the item from List B that is most appropriately associated with it. 1. Expense recog

Listed below are several terms and phrases associated with the accounting concepts. Pair each item from List A with the item from List B that is most appropriately associated with it. 1. Expense recognition 2. Periodicity 3. Historical cost principle 4. Materiality 5. Revenue recognition 6. Going concern assumption 7.

Module 1 – CaseFinancial ReportingAssignment OverviewCompare Traditional Reporting vs. TBL Reporting Traditional reporting focuses solely on financial performance, while Triple Bottom Line (TBL) repor

Module 1 – SLPFinancial ReportingAssignment OverviewTraditional and Triple Bottom Line Reporting For managers in all departments, analyzing Traditional and Triple Bottom Line Reporting is important fo

Instructions This project consists of two sections. In section 1, you are required to calculate ratios of General Motors Company (hereafter, GM) and Tesla Inc. (hereafter, Tesla) for year ended Dec

Link includes all material to complete https://www.filemail.com/d/rteqdkiyahphpwk Instructions This project consists of two sections. In section 1, you are required to calculate ratios of General Motors Company (hereafter, GM) and Tesla Inc. (hereafter, Tesla) for year ended Dec 31, 2024. Present all your calculations and results in the templates provided

Write 200–250 words that respond to the questions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. You are faced with ethical decision

Write 200–250 words that respond to the questions below with your thoughts, ideas, and comments. Be substantive and clear, and use examples to reinforce your ideas. You are faced with ethical decisions every day. Ethical decisions can be either large or small, personal or related to business. For example, do