Need help using this info to answer Question 10
Semester Project 30 Points - 10 extra for class presentation Due Dec 14 Crowe an imaginary company with a product that can be manutactured and sold Kepita simple product Don't pick something with many parts You will be coscribing the making and Beling of the product You can do this by yourself in a group of er 3. No more than 3 Think through the following: Where will you make it - what costs are involved - materials, labor rent, etc Who we make How long will take What equipment will you need? Who do you se to? How will you get to your customers? w you need to rent a place to el? Who will get paid to sel? Sales commissions Delivery costs, travel COR? Can you make money? 1 Listale macturing costs? OM DL Overhead 2 What are the funed costs 3 Variable costs? 4 Lat the non-marufacturing costs - period costs? For example.seling cows, rentals in your own e 5 Determine you should usejo costing of process costing 7 Determine a price to sell try it out using comprice volume Determine breskeven sales numbers 9 Create a contribution margin income statement CVP 10 Crew 4 quarter budget with ale schedvies in Chap 21 Sales budget, production materials, or ESPECIALLY Income Star 11 Creamy of what the product is, how you make it how you sel what you charge for it, what the competion, and you budget show you are going to make money I am a potential investor. Convince me to invest in your company Make up at numbers for costs wd prices but try to other reasonable COUPANY BRICKS Brick will be made from mud. Mud is the raw material which is purchased from vender First, it goes through the operation of adding water to make maleable Then transported through conveyor to ful molds. The se molds whested to get the molds solidified and then removed from the molds. Thus the raw bricks are made These we then sent to get head uplo a temperature of 1400 degrees Celsius for one hout These are then cooled in open ar and we vached. The finished product is then dispatched to the customers upon their orders 1 Manufacturing costs Direct Materials cost Muds purchased am vendor D Direct labor cost c Indirect manal cost Cost of mold which has a fede 2 Fxed costs Feed costs are Overhead Depreciation Variable COM Cost of direct labor Cost of direct material E Cost of ol for heating eletricity and water consumed which varies with quantity of production 4 Normaacturing costs Administrative Co b Supporting services accounting, HR office, secure Salary expenses d. Rent expenses Transportation of Wales for sale Advertising Marketing expenses in this case, since there is a single product manufactured where material gets converted into finished product rough process, we wil. PROCESS COSTING Assume cost of process A Molding - 51000 per month cost of process thing) $1000 per month Buty of brick produced 1.000 Com per brikk molding 51 Heating 3150 - 1250 esperoth 1,000 Finished goods invertory days wventory (1000253 - 120 assuming production des the place for 25 days in a mort Assuming feed cost $1.000 per month If sales prices Bravens "1000-251000 - Coin 31.000 Pedro) 1.000 3.500 Break even sales pris 1350 Bleske would be more than 3 perpece A1535pce breves 1000 Combo 35.26.51 per 11 Hele potential investor Tam making bricks These bricks can be used to build house wale and many other chatua structures today's world people can so wonger foundation for houses using the instead of wood Ones can be used to build roads wes, and evenbridges This productos y of potential forces to enhance moderning I am asking for your help of 600 000 with the money we can main increase production, and expand our locations 16 3 BERG M 4 Semester Project 30 Ports. 10 for class presentation Due Dec 14 Create an imaginary corrory with a product that can be factured and sol Keep it simple product Don't pick something with many parts You will be describing the making and selling of the product You can do is by yourself or in a group of 2 - 3 No more than 3 Think throw the folowng Where will you make it what core involved - material, laborant, at Who will make How long wild take What equipment will you need? Who do you selt? How will you get to your customers Will you need to rent a place to sel? Who will get paid to Sales commission Delivery costs, travel costs? Can you make money 1 Lil the manufacturing cows OM DL Overed 2 What are the feed co? 3 Variable costs 4 she non mancing period co? For example sellingContainc your own 5 warmine you should be coming of process contro 7 aprice to al rytout ng cost price volume Determine the rumber Creste cotton wom statement CVP 10 Cres que bug we all the schede in Chap Sees budget production material ESPECIALLY Income Sweet Crave a surray of what we prout how you make how you al you charge for the competition and it your Dogut shows you going to make money I am a potential investor. Convince me to invest in your company Me up alumnes for cond prices but by to lep themes COMPANY DICKS Brick will be made from mad ud is the tail which is purchased tromvendo Fost it goes to the open of ding water to make mobile Then is transported through conveyor lo fa molds. These mods we hosted to get the molds solidited and then removed from the molds. Thus the works we made These we then sent to get heated to mperature of 1400 degrees Celsius for one hour These we then cooled in open ar and we stacked The Thished product is the dispatched to the customers on the orders Manufacturing costs Direct Menas cost Muds purchased from vendor Director con Inderweil cost Cost of mold which has a feedie 2 Fixed cost Feedcows we Overhead Depreciation 5 Viable costs 1 Cost of dret labor Cost of drawer Com of of forewing, strict and wwer consumed which is with query of production 4 Nontacting Ameco Supporting services HR time office, Secres or Salary expenses Rart Transportation of her for sale Advergareng pares in scatence there is a product marutectured where we gets converted into shed poderogh processes, we will use PROCESS COSTING une conto A Molding 51000 per month cost of processing) - 31600 per month Quality of produced 1,000 Couper le melding 11 + Heating 3150 - 12.00 sales per month 000 ned goods wory 3 days story 0.0002513120 g protection and place for 25 dayah Assuming $1.000 per month Inespere Breve S1000-2000 Contribuon - 51900 Fred 1.000.000 Breskerence Despice to be more than cerpte AL 135 sale prices 000 Obuon mer251 pm 10 11. Heto potential mange These can be used to build house walls, and mayonettuare in today's world people can stage found for houses ang brick wad of wood Bricks be used to build and avenges. The productes anyol polstories towane modeling Tasting for your help of 600.000 Wowy womand met increase production and around to Semester Project 30 Points - 10 extra for class presentation Due Dec 14 Crowe an imaginary company with a product that can be manutactured and sold Kepita simple product Don't pick something with many parts You will be coscribing the making and Beling of the product You can do this by yourself in a group of er 3. No more than 3 Think through the following: Where will you make it - what costs are involved - materials, labor rent, etc Who we make How long will take What equipment will you need? Who do you se to? How will you get to your customers? w you need to rent a place to el? Who will get paid to sel? Sales commissions Delivery costs, travel COR? Can you make money? 1 Listale macturing costs? OM DL Overhead 2 What are the funed costs 3 Variable costs? 4 Lat the non-marufacturing costs - period costs? For example.seling cows, rentals in your own e 5 Determine you should usejo costing of process costing 7 Determine a price to sell try it out using comprice volume Determine breskeven sales numbers 9 Create a contribution margin income statement CVP 10 Crew 4 quarter budget with ale schedvies in Chap 21 Sales budget, production materials, or ESPECIALLY Income Star 11 Creamy of what the product is, how you make it how you sel what you charge for it, what the competion, and you budget show you are going to make money I am a potential investor. Convince me to invest in your company Make up at numbers for costs wd prices but try to other reasonable COUPANY BRICKS Brick will be made from mud. Mud is the raw material which is purchased from vender First, it goes through the operation of adding water to make maleable Then transported through conveyor to ful molds. The se molds whested to get the molds solidified and then removed from the molds. Thus the raw bricks are made These we then sent to get head uplo a temperature of 1400 degrees Celsius for one hout These are then cooled in open ar and we vached. The finished product is then dispatched to the customers upon their orders 1 Manufacturing costs Direct Materials cost Muds purchased am vendor D Direct labor cost c Indirect manal cost Cost of mold which has a fede 2 Fxed costs Feed costs are Overhead Depreciation Variable COM Cost of direct labor Cost of direct material E Cost of ol for heating eletricity and water consumed which varies with quantity of production 4 Normaacturing costs Administrative Co b Supporting services accounting, HR office, secure Salary expenses d. Rent expenses Transportation of Wales for sale Advertising Marketing expenses in this case, since there is a single product manufactured where material gets converted into finished product rough process, we wil. PROCESS COSTING Assume cost of process A Molding - 51000 per month cost of process thing) $1000 per month Buty of brick produced 1.000 Com per brikk molding 51 Heating 3150 - 1250 esperoth 1,000 Finished goods invertory days wventory (1000253 - 120 assuming production des the place for 25 days in a mort Assuming feed cost $1.000 per month If sales prices Bravens "1000-251000 - Coin 31.000 Pedro) 1.000 3.500 Break even sales pris 1350 Bleske would be more than 3 perpece A1535pce breves 1000 Combo 35.26.51 per 11 Hele potential investor Tam making bricks These bricks can be used to build house wale and many other chatua structures today's world people can so wonger foundation for houses using the instead of wood Ones can be used to build roads wes, and evenbridges This productos y of potential forces to enhance moderning I am asking for your help of 600 000 with the money we can main increase production, and expand our locations 16 3 BERG M 4 Semester Project 30 Ports. 10 for class presentation Due Dec 14 Create an imaginary corrory with a product that can be factured and sol Keep it simple product Don't pick something with many parts You will be describing the making and selling of the product You can do is by yourself or in a group of 2 - 3 No more than 3 Think throw the folowng Where will you make it what core involved - material, laborant, at Who will make How long wild take What equipment will you need? Who do you selt? How will you get to your customers Will you need to rent a place to sel? Who will get paid to Sales commission Delivery costs, travel costs? Can you make money 1 Lil the manufacturing cows OM DL Overed 2 What are the feed co? 3 Variable costs 4 she non mancing period co? For example sellingContainc your own 5 warmine you should be coming of process contro 7 aprice to al rytout ng cost price volume Determine the rumber Creste cotton wom statement CVP 10 Cres que bug we all the schede in Chap Sees budget production material ESPECIALLY Income Sweet Crave a surray of what we prout how you make how you al you charge for the competition and it your Dogut shows you going to make money I am a potential investor. Convince me to invest in your company Me up alumnes for cond prices but by to lep themes COMPANY DICKS Brick will be made from mad ud is the tail which is purchased tromvendo Fost it goes to the open of ding water to make mobile Then is transported through conveyor lo fa molds. These mods we hosted to get the molds solidited and then removed from the molds. Thus the works we made These we then sent to get heated to mperature of 1400 degrees Celsius for one hour These we then cooled in open ar and we stacked The Thished product is the dispatched to the customers on the orders Manufacturing costs Direct Menas cost Muds purchased from vendor Director con Inderweil cost Cost of mold which has a feedie 2 Fixed cost Feedcows we Overhead Depreciation 5 Viable costs 1 Cost of dret labor Cost of drawer Com of of forewing, strict and wwer consumed which is with query of production 4 Nontacting Ameco Supporting services HR time office, Secres or Salary expenses Rart Transportation of her for sale Advergareng pares in scatence there is a product marutectured where we gets converted into shed poderogh processes, we will use PROCESS COSTING une conto A Molding 51000 per month cost of processing) - 31600 per month Quality of produced 1,000 Couper le melding 11 + Heating 3150 - 12.00 sales per month 000 ned goods wory 3 days story 0.0002513120 g protection and place for 25 dayah Assuming $1.000 per month Inespere Breve S1000-2000 Contribuon - 51900 Fred 1.000.000 Breskerence Despice to be more than cerpte AL 135 sale prices 000 Obuon mer251 pm 10 11. Heto potential mange These can be used to build house walls, and mayonettuare in today's world people can stage found for houses ang brick wad of wood Bricks be used to build and avenges. The productes anyol polstories towane modeling Tasting for your help of 600.000 Wowy womand met increase production and around to
