Assignment: 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.
• Discuss the most appropriate method for allocating the manufacturing overhead. How would different allocation methods affect the bottom line for your division?