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Create a name and establish a location for the business

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Reference no: EM132855274

You will be opening your own specialty cookie company to see how product costing methods and changes in production affect business decisions. You will be creating a series of reports and analyzing the results using the template provided to guide you through the project.

The learning objectives of this project are as follows:

  1. Gain an understanding of product costing (direct materials, direct labor, and overhead).
  2. Review job order costing.
  3. Review process costing.
  4. Make business decisions based on analyzing accounting data.

Introduction

Establish a cookie business selling only one type of specialty cookie with two employees making the cookies.

Question 1: Create a name and establish a location for the business.

Question 2: Construct a mission statement for the business.

Question 3: Decide on the type of cookie you want to make and sell.

Reference no: EM132855274

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