How much to work on this problem? This is the link I use for the Sec 10K

http://www.sec.gov/Archives/edgar/data/732717/000073271715000016/ex13.htm

Read the Notes to the Financial Statements (FS) for your SEC 10-K company. These "notes" are displayed after the financial statements. Details are high level in the SEC 10-K but organizations rely on Cost Accounting. 1. Comment on the Inventory: Provide a brief discussion about the company's costing information, discuss the WIP, Finished Goods, etc. 2. How is inventory described for your SEC 10-K company? LIFO, FIFO, and /or average cost? Relate your answer to cost accounting topics in our course. In other words, why/how is this important to the company's CVP strategies and decisions, etc. 3. Discuss the costing process, cost method (if not discussed in the 10K, what method do you think would work well for the Company?) and the sources for production materials. 4. Discuss some of the challenges and opportunities you see as you relate our current textbook topics to your company. You do not need to mention all of them here, this serves only as a way of "beginning to think about" the information you will put in your paper/presentation. 1. The financial statements for your company are usually posted in Item 8 of the SEC 10-K document. The management discussion and analysis section is earlier in the report. What page(s) cover the Management Discussion and Analysis (MD&A) ? 2. Provide a "list" of the topics covered in the MD&A. On your list, next to the topic, indicate the ones that you might be able to expound on in your paper/presentation because it relates to a cost accounting concept or topic covered so far. 3. The management of risk and uncertainty is often included in the MD&A section comments. "List" any risk related or areas of uncertainty did you learn about your company from reading this area? 4. Management often explains higher or lower than expected profits in their comments. Discuss the profitability. 5. Without copying or using cut/paste, in your own words summarize other comments in the MD&A section as they relate to budgets and variance analysis. 6. Without copying or cut/paste, in your own words summarize comments in the MD&A section as they relate to the Company management. 7. Consider what you have read about your approved Company, its executive management approach, operations, etc. Which budget methodology should they choose? Why would you suggest this one? 1. The financial statements for your company are usually posted in Item 8 of the SEC 10-K document. The management discussion and analysis section is earlier in the report. What page(s) cover the Management Discussion and Analysis (MD&A) ? 2. Provide a "list" of the topics covered in the MD&A. On your list, next to the topic, indicate the ones that you might be able to expound on in your paper/presentation because it relates to a cost accounting concept or topic covered so far. 3. The management of risk and uncertainty is often included in the MD&A section comments. "List" any risk related or areas of uncertainty did you learn about your company from reading this area? 4. Management often explains higher or lower than expected profits in their comments. Discuss the profitability. 5. Without copying or using cut/paste, in your own words summarize other comments in the MD&A section as they relate to budgets and variance analysis. 6. Without copying or cut/paste, in your own words summarize comments in the MD&A section as they relate to the Company management. 7. Consider what you have read about your approved Company, its executive management approach, operations, etc. Which budget methodology should they choose? Why would you suggest this one