Question
Select 1 real company with tax code of that company - Overview about the company - Name, tax code, Address, Head office - Director of
- Select 1 real company with tax code of that company
- Overview about the company
- Name, tax code, Address, Head office
- Director of the company
- Type of company (limited or corporation..)
- Industry
- Main product or services
- Firm size (Assets? Liability? Equity, number of employees?)
The company must produce 02 products
- Describe production process
- Describe product features
- Market and customer of the products
COGM
- List costs needed to produce the products/services
- Classify costs into
- Product cost incurred in the production
- period cost incurred in selling and admin:
absorption costing
- Direct cost (DMC, DLC) - Indirect cost (MOC - cost allocation: cost rate + cost driver)
- Variable cost - Fixed cost: variable costing.
Calculate COGM in 03 scenarios: Schedule of GOGM
- Job-order costing: Schedule of GOGM
- Process costing for products: Schedule of GOGM
- Joint products: Schedule of GOGM
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