Compare and contrast the direct and indirect costs

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Reference no: EM132089960

Assignment - Analysis of Direct Costs

In order to complete this assignment, refer to the scenario from Assignment 1, as well as to the scenarios and readings from previous weeks.

Write a two to three (2-3) page paper in which you:

1. Predict the main costs (e.g., labor cost, material cost) associated with the production of VectorCal's drone navigation system. Provide a rationale for the response.

2. Compare and contrast the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Predict whether or not your company could easily control these costs and thus reduce production expenses. Justify the response.

3. Compare your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Justify the response.

4. Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.

Your assignment must follow these formatting requirements:

- Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.
- Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:
- Outline the process to forecast the likely price of an acquisition, calculate semi-variable costs, and allocate direct and indirect costs.
- Examine the various cost classifications, the different allocation bases, and the application of cost-accounting standards.
- Determine how to validate costs and certify cost and pricing data.
- Use technology and information resources to research issues in cost and price analysis.
- Write clearly and concisely about cost and price analysis using proper writing mechanics.

Verified Expert

In the given assignment, we were required to analyze the costs incurred by the two companies mentioned and to state the relationships between the cost. also, the differences amongst the two companies were stated to reflect the changes in the profitability of the two companies.

Reference no: EM132089960

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Reviews

inf2089960

10/26/2018 3:53:02 AM

Thank you so much sir to understand my situation, I really missed the file at first place which have complete assignment. Now it is fine. I am really sorry for the inconvenience. Thanks once again for support.

len2089960

8/19/2018 11:27:54 PM

4. 3 references Weight: 5% No references provided Does not meet the required number of references; all references poor quality choices. Does not meet the required number of references; some references poor quality choices. Meets number of required references; all references high quality choices. Exceeds number of required references; all references high quality choices. 5. Clarity, writing mechanics, and formatting requirements Weight: 10% More than 8 errors present 7-8 errors present 5-6 errors present 3-4 errors present 0-2 errors present

len2089960

8/19/2018 11:27:47 PM

Partially compared your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Partially justifed the response. Satisfactorily compared your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Satisfactorily justified the response. Thoroughly compared your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Thoroughly justified the response.

len2089960

8/19/2018 11:27:42 PM

3. Compare your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Justify the response. Weight: 30% Did not submit or incompletely compared your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Did not submit or incompletely justified the response. Insufficiently compared your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Insufficiently justified the response.

len2089960

8/19/2018 11:27:35 PM

Partially compared and contrasted the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Partially predicted whether or not your company could easily control these costs and thus reduce production expenses. Partially justified the response. Satisfactorily compared and contrasted the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Satisfactorily predicted whether or not your company could easily control these costs and thus reduce production expenses. Satisfactorily justified the response. Thoroughly compared and contrasted the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Thoroughly predicted whether or not your company could easily control these costs and thus reduce production expenses. Thoroughly justified the response.

len2089960

8/19/2018 11:27:29 PM

2. Compare and contrast the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Predict whether or not your company could easily control these costs and thus reduce production expenses. Justify the response. Weight: 30% Did not submit or incompletely compared and contrasted the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Did not submit or incompletely predicted whether or not your company could easily control these costs and thus reduce production expenses. Did not submit or incompletely justified the response. Insufficiently compared and contrasted the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Insufficiently predicted whether or not your company could easily control these costs and thus reduce production expenses. Insufficiently justified the response.

len2089960

8/19/2018 11:27:23 PM

Meets Minimum Expectations 60-69% D Fair 70-79% C Proficient 80-89% B Exemplary 90-100% A Insufficiently predicted the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’sdrone navigation system. Insufficiently provided a rationale for the response. Partially predicted the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’sdrone navigation system. Partially provided a rationale for the response. Satisfactorily predicted the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’s drone navigation system. Satisfactorily provided a rationale for the response. Thoroughly predicted the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’s drone navigation system. Thoroughly provided a rationale for the response.

len2089960

8/19/2018 11:27:15 PM

Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric. Points: 210 Assignment 3: Analysis of Direct Costs Criteria Unacceptable Below 60% F 1. Predict the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’s drone navigation system. Provide a rationale for the response. Weight: 25% Did not submit or incompletely predicted the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’sdrone navigation system. Did not submit or incompletely provided a rationale for the response.

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