Submit a detailed report to your potential investors and other stakeholders to explain and defend your costing strategies and to share your business’s performance to date. Your report can be in the form of a PowerPoint presentation or a Word document . In either format, be sure to effectively communicate with your stakeholders by breaking down concepts and using investor-friendly language to build their trust and confidence. If you choose to do a PowerPoint presentation, you’ll need to include speaker notes for each slide.
Provide a short overview of your company and the purpose of this report.
Name your company and describe its business and your vision for its future.
Explain the purpose of the report and describe why the information is important.
Explain the management accounting methods you used for generating the information that you are about to share in terms of your adherence to industry standards and the American Institute of Certified Public Accountants code of ethics.
Review your original business plan and costing strategies.
Justify the use of job order costing for this business. Be sure to compare and contrast the various costing systems you learned about in this course as part of your defense.
Share and explain the selling prices you established for each of your products. Be sure to reference your cost-volume-profit analysis in your defense.
Share and explain your contribution margin per unit. Be sure to reference your cost-volume-profit analysis in your defense.
Identify your break-even points for achieving different target profits. Then explain the target profits you selected for each area of your business. Be sure to reference your cost-volume-profit analysis in your defense.
