Summarize the production process

Assignment Help Financial Accounting

Reference no: EM13180125

The project is due Sunday April 1st and involves completingApplication and Analysis 5-1 Process Costing in Real Companies(unless you visited the FIU Whistle blower seminar earlier this semester and would prefer to write your paper on that subject). The project is to be completed individually (without assistance from others) and requires you to go toYouTube.comand search for clips from the showUnwrappedorHow It's Made on Discovery Channel. Watch a clip for a product that would use process costing. For some of the questions you may need to make assumptions about the production process (i.e. companies may not publicize their entire production process). If you make any assumptions, be sure to disclose both the assumption and your rationale for that assumption.

Basic Discussion Questions

1. Describe the product selected.

2. Summarize the production process

3. Justify why you think this production process would dictate the use of a process costing system.

4. List at least two separate processes that are performed in creating this product. What departments would house these processes?

5. Describe at least one department that would have ending work in process. What do the units look like as they are "in process"?

Required:Research answers to these questions. Turn in a 3-4 page paper (Note: the text lists 2-3 page paper but I would like at least 3 pages). The paper will be double spaced with 1" margins. Include any references used, including the URL of the clip that you viewed.

Tips and Why you are doing this paper:The project should flow like a term paper as opposed to separately answered questions. Be sure that you useyour ownwords when writing. The purpose of the assignment is to see how you interpret and translate these video examples into your own words (ie how strong are your technical writing skills.) I will be evaluating your writing ability both in content and grammatical correctness. Make it look professional and use proper citings. It should be a fun and fairly easy project to complete. Once complete, put it in the Assignment Dropbox. Let me know if you have any further questions.

Reference no: EM13180125

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