Assignment 1: Cost Flows in an Organization

By the due date assigned, respond to the following in the Discussion Area below:
Assume you are a division manager for a manufacturing company of your choice.
Describe the company and identify the division you manage.
Think about the costs associated with developing and manufacturing your product. Identify whether the company would use process or product costing and describe why the selected method is most appropriate.
Identify the manufacturing costs involved in producing your product and classify each cost as direct materials, direct labor, or manufacturing overhead. | PLACE YOUR ORDER NOW AT writtask.com |
Discuss the most appropriate method for allocating the manufacturing overhead. How would different allocation methods affect the bottom line for your division?
Be sure to cite any sources using APA style. You may use this APA Citation Helper as a guide.
Through the end of the module, provide substantive responses to at least two other students’ initial posts.

SAMPLE SOLUTION

Assignment 1: Cost Flows in an Organization

The company of choice is Flymax limited that operates in the First Moving Consumer Goods, specializing in the production of brown wheat breads. With no branches, all operations of the company are handled at the head office, where production, finance and sales department are located. Production department is the best field based on my experience and qualification.             Bakery’s costs associated with the production of brown wheat breads include ingredients, supplies and packaging materials, electricity, and payroll. Process costing is adopted | PLACE YOUR ORDER NOW AT writtask.com | is appropriate in cases where there is production of homogenous goods that are produced through a continuous process (Drury, 2013). The cost per unit is calculated as the average costs of the total number of units…