ACC 202 Module Three Assignment Guidelines and Rubric Overview Companles choose their costing method based on their business activities and processes, as well as the products and services they offer. A company can be a manufacturing, merchandising, or service organization; this al so impacts which costing method will be most useful for its purposes. As a part of costing, the company also needs to decide how to classify overhead costs using either traditional or activity based costing (ABC). In this written assignment, you will choose a company, consider its business and costing requirements, and recommend a costing system that will work best for the business. Prompt Think about a company you know. This could be a current or past employer or a company you admire Consider its business activities and the type of products and services offered. Based on what you have learned so far, write a short paper that reflects on the different costing methods and speculates on how they might apoly to your selected company. Specifically, you must address the following rubric criteria: - Company Overview Identify the company you selected and provide a brief overview of its business. - Is it a manufacturing merchandising or service organization? - Costing Methods: Compare the job order and process costing methods, and explain how each of these can be applied to the company. - Haw could the costs differ lf one method is chosen over the other? - Factory Overhead: Outline possible indirect or overhead costs the company may need to account for. and identify the type of costing the company might use for these cosits. - If the company decides to use actlvity bared costing (ABC), what are some activity bases (cost drivers) it might use to allocate these costs? - Recommendation. Based on your anslysis, recommend a costins method for the company, and explain whin you think this method will wock best for the business. What to Submit ACC 202 Module Three Assignment Guidelines and Rubric Overview Companles choose their costing method based on their business activities and processes, as well as the products and services they offer. A company can be a manufacturing, merchandising, or service organization; this al so impacts which costing method will be most useful for its purposes. As a part of costing, the company also needs to decide how to classify overhead costs using either traditional or activity based costing (ABC). In this written assignment, you will choose a company, consider its business and costing requirements, and recommend a costing system that will work best for the business. Prompt Think about a company you know. This could be a current or past employer or a company you admire Consider its business activities and the type of products and services offered. Based on what you have learned so far, write a short paper that reflects on the different costing methods and speculates on how they might apoly to your selected company. Specifically, you must address the following rubric criteria: - Company Overview Identify the company you selected and provide a brief overview of its business. - Is it a manufacturing merchandising or service organization? - Costing Methods: Compare the job order and process costing methods, and explain how each of these can be applied to the company. - Haw could the costs differ lf one method is chosen over the other? - Factory Overhead: Outline possible indirect or overhead costs the company may need to account for. and identify the type of costing the company might use for these cosits. - If the company decides to use actlvity bared costing (ABC), what are some activity bases (cost drivers) it might use to allocate these costs? - Recommendation. Based on your anslysis, recommend a costins method for the company, and explain whin you think this method will wock best for the business. What to Submit
