Cookie Business Final Project Now That Your Cookie Business Is Well Underway, You Are Going

Cookie Business Final Project Now that your cookie business is well underway, you are going to use the knowledge that you have gained in this course to evaluate the financial information for the company
You will be creating a series of reports and analyzing the results using the templates provided to guide you through the project
The learning objectives of this project are as follows: Apply accounting concepts and standards to the creation of accounting information and reports
Analyze accounting information used to make strategic business decisions
Apply ethical behavior to accounting-related situations
Make business decisions based on analyzing accounting data
Objective 1: Written Report Using the TEMPLATE
pdf, prepare a five-page written report (including spreadsheets) be sure to use APA formatting
with at least four scholarly sources
Your report will provide the following information: Introduction Part 1: Based on the data presented in the Spreadsheet Template
xlsx in Excel (CM Breakeven tab): Calculate the contribution margin (CM) for each of the three products sold at the cookie business
Calculate the weighted average CM
Calculate the breakeven point
Complete your calculations by filling in the highlighted cells, and embed a copy of the completed spreadsheet into this report
Discuss the results based on your calculations as far as which type of cookie you think is the most profitable, which has the highest CM, etc
Part 2: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Full Variable tab), complete the calculations listed below
Calculate the value of ending inventory under full or absorption costing
Calculate the value of ending inventory under variable costing
Complete your calculations by filling in the highlighted cells, and embed a copy of the completed spreadsheet into this report
Discuss the results, and comment on which method you think is more helpful to managers and why
Part 3: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Special Order tab), calculate the net increase or decrease in profit if they take the special order
Complete your calculations by filling in the highlighted cells, and embed a copy of the completed spreadsheet into this report
Discuss the results and comment on if you think the cookie business should take on this special order of cookies for a wedding
Business has been slow the last few months, and the offer is less than the usual selling price for the cookies
As part of your discussion, include both quantitative (based on the numbers) and qualitative (not based on numbers) factors that would go into the decision to take on the special order
Part 4: Based on the data presented in the Unit VII Spreadsheet Template in Excel (IRR tab), calculate the internal rate of return (IRR) for the new equipment purchase
Complete your calculations by filling in the highlighted cells, and embed a copy of the completed spreadsheet into this report
Note: the PV Annuity table is provided for you
Discuss if you think the cookie business should accept or reject the purchase of the new equipment and why
Additional information has come to your attention regarding the equipment purchase
One of the partner’s brother owns the company that sells the equipment and insists the equipment is needed
Discuss any ethical concerns you see with this type of transaction
Part 5: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Cash Budget tab), calculate the cash receipts for the first quarter of this year
Complete your calculations by filling in the highlighted cells, and embed a copy of the completed spreadsheet into this report
Discuss your observations about the way cash is collected if the company needs $150,000 per month for expenses
Part 6: Based on the data presented in the Unit VII Spreadsheet Template in Excel (Variances tab), complete the following calculations
Calculate the material variances
Calculate the labor variances
Complete your calculations by filling in the highlighted cells, and embed a copy of the completed spreadsheet into this report
Discuss your observations about the variances and ways to plan to improve any of the variances
Conclusion and Recommendations Summarize the key observations that you have made about the cookie business based on the calculations you have performed, and present any future recommendations
OBJECTIVE 2: Powerpoint Cookie Business Final Presentation Now that you have completed running some calculations for the cookie business , you will present your findings
The learning objectives of this project allow you to apply accounting concepts and standards to the creation of accounting information and reports
Using the Objective1: Written Report as a guide, create an ten slide PowerPoint presentation
In this presentation, you want to summarize what you found and discuss how you think these findings will help you make better business decisions
In addition, provide future recommendations for the cookie business based on your report findings
Your presentation slides should be somewhat simple (incomplete sentences, bullets, etc
) with appropriate graphics or images
You must add content to your presentation (completed sentences) through the notes feature in PowerPoint Be sure to use APA formatting throughoutTEMPLATE
pdfSpreadsheetTemplate
xlsx