Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

PLEASE ANSWER THE FOLLOWING CASE STUDY WITHOUT PLAGIARISM PLEASE 2000 WORDS:- Part 1) Assume you are the Partners of a Business engaged in manufacturing of

PLEASE ANSWER THE FOLLOWING CASE STUDY WITHOUT PLAGIARISM PLEASE 2000 WORDS:-

Part 1) Assume you are the Partners of a Business engaged in manufacturing of your choice. (Each group need to select a different business from the other groups) with the consultation and approval of Faculty Member.

a. Explain the nature of the company and various cost related to production of your Business. Classify all the elements in direct and indirect category along with the number of employees or labors for production and other departments.

b. Show the breakup of all the expenses under each category, Material, Labour, Overhead (maximum of 5 and minimum of 3)

c. Mention the opening and closing of (Raw material, semi-finished goods and finished goods.

Part 2) Prepare a cost sheet using the information from part A and calculate the profit. It is required to write the report only using word file. The word limit of report is approximately 800-1000.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Social Work Ethics Audit A Risk Management Tool

Authors: Frederic G. Reamer

1st Edition

0871013282, 978-0871013286

More Books

Students also viewed these Accounting questions

Question

3. List ways to manage relationship dynamics

Answered: 1 week ago