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You have learned about various types of costs, imagine what costs might be associated with this company and classify them. You should be able to
You have learned about various types of costs, imagine what costs might be associated with this company and classify them. You should be able to define and list some product costs and some period costs. Define the elements of manufacturing costs and then list some particular costs that you think would be included in manufacturing costs (be specific about what type of manufacturing costs they would be) in a winery. Identify which of these costs would be direct and indirect and why. You have learned about job costing. Please explain how job costing would apply to a winery and why it would be an appropriate way to handle costs. What might be an appropriate allocation base and why? Imagine that you are working in the winery utilizing your own major (examples: marketing, operations management, HR, Finance, accounting). If you are an accounting major, how you as an accountant use the information you have described above to help the organization as a whole? For all others, please describe what position you would hold in this company and how you would use the information produced by the accounting office in your job at the company
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