Prepare a mission statement; set strategic, tactical, and operating objectives; decide on a company name; set cookie specifications, decide on a cookie recipe and calculate a standard job cost per cookie.
Develop a Microsoft PowerPoint presentation which concisely presents the following information regarding your company:
1. Consider the company's mission. Will you focus on quality, volume, or satisfying a niche? Will you sell using a traditional brick & mortar storefront or through eCommerce? Who is your target market? What are your expansion plans? What will be your main products? Where will you operate?
2. Write a mission statement for your company that reflects the decisions your team made in the previous step.
3. Based on your company's mission, describe the long-range goals, strategies, and objectives that your company will pursue.
4. Decide upon a company name.
5. Determine cookie specifications: size, color, key ingredients, appearance, quantity and packaging.
6. Develop a recipe that fits with your mission, goals, and specifications.
2. Microsoft Word Document
Create a Microsoft Word document addressing the items below:
1. Create a job cost card for your cookie and calculate cost per cookie. Assume overhead is allocated at a rate of $2 for every $1 of labor cost.
2. List some of the costs you will include in overhead.
Improtant Information for what to use in the assignment.
• Communication, which explores displaying capability in writing, reading, and oral communication, and understanding of non-verbal language;
• Critical Thinking, which includes problem solving, creativity, and the application of clarity and precision;
• Digital Fluency, which focuses on effectively employing and understanding digital tools to express ideas in appropriate contexts;
• Diversity and Teamwork, which consists of demonstrating awareness and empathy while working collaboratively with people of diverse backgrounds and perspectives;
• Ethics and Professional Responsibility, which involves understanding and exhibiting principles of conduct and professional behavior which impact a greater good in the world and workplace, and understanding and applying ethical and professional principles of conduct; and
• Information Literacy, which is dedicated to the discovery of information and the understanding of how information is produced and valued.
Here are the links to each of the six guides for the Transferable Skills:
• Digital Fluency: https://guides.rasmussen.edu/digitalfluency
• Ethics and Professional Responsibility: https://guides.rasmussen.edu/ethics
• Communication: https://guides.rasmussen.edu/communication
• Diversity and Teamwork: https://guides.rasmussen.edu/diversity
• Information Literacy: https://guides.rasmussen.edu/informationliteracy
• Critical Thinking: https://guides.rasmussen.edu/criticalthinking
Project Overview
Managerial Accounting is about helping managers tailor their management accounting system to help them make wise decisions. Managers weigh the benefits of the system (better information leads to higher profits) against the costs to develop and run the system. Throughout this course you will be working on a project that will test your ability to put into practice the concepts you are learning each week.
Requirements
You will be operating a cookie company, making costing decisions, and performing analysis.
Your final assignment should be proofread for correct spelling, grammar, and punctuation. Please remember to follow APA guidelines for in-text citations and a reference page for all written assignments.