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1.) Invest a manufacturing company and products A.) State mission (add any strat

ID: 2370847 • Letter: 1

Question

1.) Invest a manufacturing company and products A.) State mission (add any strategic, tactical, and operational goals that are necessary 2.) Determine the international operations A.) Contractual B.) Joint Venture C.) Subsidiary 3.) Describe product's raw materials, direct and indirect labor, overhead components and cost structure (all other departments in the company, example: marketing, legal, etc.) link to value chain) 4.) Identify types of manufacturing costs A.)Fixed/ variable B.) Product/ period 5.) Determine costing system- job/process 6.) Demonstrate graphically the manufacturing process using one month of manufacturing as an example A.) If job costing- then at least 3 jobs with job cards with calculation of cost per unit OR B.) If process costing- using FIFO, provide at least two WIP accounts with overhead applied as a percentage of direct labor or one WIP with an overhead account separately identified and overhead applied to production. Include calculation of equivalent units 7.) Determine the breakeven point in units 8.) Determine a budget for the upcoming year, for the entire income statement, including: sales estimate ($ and units), DM purchased, overhead, units manufactured, sales commission, support services budget (legal, accounting), depreciation, and Net Profit and balance sheet that balances 9.) Determine the capital budget for the upcoming year and determine the capital funding source (equity-with management considerations documented and/or debt -with financing options considered (interest rates and terms vs. working capital)

Explanation / Answer

www.csun.edu/~hfmgt001/formulation.doc