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Design a product (examples: greeting card, baked good, protective mask, etc.) Describe the strategy behind your product design. How did strategy influence your design? (Ex
- Design a product (examples: greeting card, baked good, protective mask, etc.)
- Describe the strategy behind your product design. How did strategy influence your design? (Ex low-cost, innovative, high-quality, etc.)
- Produce a Job Cost Sheet. The sheet should include direct materials costs, direct labor costs, and allocated manufacturing overhead.
- Assume $1 of direct labor costs is incurred for every 15 minutes that is spent building the product. (ex- $4 per hour)
- Overhead is allocated on the basis of direct labor dollars. Estimated direct labor dollars for the year are $50,000. In addition, the estimated manufacturing overhead costs for the year are $55,000.
- Job Cost Sheet should have direct materials, direct labor, and overhead.
- Conduct a break even analysis. Assume that the selling price is calculated as cost plus a 50% markup. Actual fixed costs were $55,000.
- Design a PowerPoint presentation.
- Introduction
- Body
- Conclusion
- Upload the slides and coversheet
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