Peruse the website for companies in manufacturing that you feel would use process costing.

Go to the companys website and review their annul report.

Required:

You are to assume the role of a Manager for Operations and write a summary report to the new CEO explaining the aspects of production.

In your summary report include the following:

Background on the company and what the company produces (if you have selected a large company only discuss one product line)

How is the product produced?

Are the raw materials added evenly or at the beginning of the process? Explain.

How many departments does the company use? Explain

Identify potential areas for process improvements?

What would be the impact of these improvements?

Note: If the annual report does not show this information, make reasonable assumptions for your report.