Evaluate the cost structure, Cost Accounting

Assignment Help:

The project (using the tools and techniques given in Chapters 3, 8, 10, 11, and 12 of the textbook) and its subsequent report are based on the complete economic analysis of a company and its available current financial data. The students are required to evaluate the company based on the trends in its demand for and the price of the products of the company, the cost incurred, and the profits generated over time and evaluate them against the industry standard or a comparable firm. Details, including the selection of the company (for evaluation), will be discussed throughout the semester. In general, the analysis is done in the following steps:

Evaluate the demand function and revenue function of the company by using the company information. Also, calculate the price- and cross-elasticities (calculated using information from the company of choosing and a comparable firm) of demand for the products of the company.

Use Regression Analysis in EXCEL to estimate the demand function (P versus Q).

Evaluate the cost structure of the company as well as its Total Cost, Average Cost and Marginal Cost functions.

Based on the Cost and Revenue structure of the company, determine the economic profit, output and product prices of the company. The nature of the company selected by the student would determine the market structure of the company (competition, monopolistic competition, monopoly, or oligopoly).

Use the Mergent Online Program available to the business students in the business lab to obtain information on the company economic data (the relevant data would include, but not limited to the balance sheet and income statement).

Make sure to attach all the company related printouts you have obtained from various sources with your final write-up.

A series of web addresses that provide company demand, revenue, cost, pricing, profit, and financial information are given below.


Related Discussions:- Evaluate the cost structure

Regression analysis- linear cost function, given the following : Constan...

given the following : Constant $21,800 Std.error of Y Est. 4,500 R squared 0.7832 Observations # 22 X coefficient 11.75 Std.error of Coef.

Overapplied or underapplied overhead: manufacturer, Budgeted direct labour ...

Budgeted direct labour cost 75000 hours @ $16 per hour Budgeted manufacturing overhead 80 000 hours @ $17.50 per hour Actual direct labour cost $997 500 Budgeted manufa

Calculate the cash value financing interest rate , Calculate the today's ca...

Calculate the today's cash value of a car that can be leased with $5000 down, bi-weekly payments of $199 over 4 years and a buy-back value of $15,000 at the end of the lease if the

Purpose of cost accounting information, Purpose of Cost Accounting Informat...

Purpose of Cost Accounting Information Cost accounting is employed for a number of reasons, some of that are briefly described in the given points as: a) Accounting for co

Allocation of overhead costs, Allocation of Overhead Costs Allocation ...

Allocation of Overhead Costs Allocation of overheads is the term utilized where the overhead cost item can be charged to a exact cost center without the requirement for any es

Accounting for labour costs, Accounting for Labour costs We will conta...

Accounting for Labour costs We will contain an overview of accounting for labour costs as: a) Gross Earnings It is illustrated as item A that appears like a credit i

Prepare a balance sheet for schubert products inc, Balance Sheet Preparatio...

Balance Sheet Preparation with a Missing Element The following data are available for Schubert Products Inc. as of December 31, 2012. Cash . . . . . . . . . . . . . . . . . . .

Calculate the price of regular bonds, XYZ Inc. plans to raise $5,000,000 ex...

XYZ Inc. plans to raise $5,000,000 external financing through issuing bonds, and is considering two options: regular bonds and zero couple bonds.  The regular bonds will have coupo

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd