Option 1 Your team has been assigned to design and launch of a new product or service. This could be an external product for sale or an internal

 

Option 1

Your team has been assigned to design and launch of a new product or service. This could be an external product for sale or an internal service to support other departments. As you prepare for your first team meeting, you know that identifying and classifying costs will be an essential part of the project.

  • Briefly explain what the new offering is (NOTE: this can be hypothetical or based on your current role at your company; you should not share any proprietary information)
  • Identify and describe one fixed cost and one variable cost in your department, and explain whether they are controllable or non-controllable.
  • Identify whether these costs are traceable to direct materials, direct labor, or overhead.

– OR –

Option 2

Consider your current organization, describe how costing is used or could be used to better understand the financial breakdown of products and/or services delivered. Would this information support you in your current role and/or aspired-to role? Have you seen instances where costing is not used effectively or could be better leveraged?

Share This Post

Email
WhatsApp
Facebook
Twitter
LinkedIn
Pinterest
Reddit

Order a Similar Paper and get 15% Discount on your First Order

Related Questions

Section A Input Data

Section A Input Data EduCredit is the education loan division of a bank. It is considering a batch of applications for student loans repayable in one year. EduCredit charges each loan applicants an annual interest rate that depends on the band of their credit scores (A is the highest) Loan

Homework  Channels and Metrics Note:  At the start of your DQ post,

Homework  Channels and Metrics Note:  At the start of your DQ post, remind us of the company and product/service you have chosen for your marketing campaign. Choose one social media channel and one traditional channel that you plan to use in your marketing campaign. For each channel, answer the following

BUSI46S15 Competitive Strategies & Organisational Fitness

BUSI46S15 Competitive Strategies & Organisational Fitness Postgraduate Programmes 2023/24 SUMMATIVE ASSIGNMENT – BUSI46S15 Competitive Strategies and Organizational Fitness Select an organization, identify its competitive environment (that is, the population it is a member of) [5 marks] Analyse (qualitatively) the ecological and institutional conditions in the population. [10 marks] Provide a