Report for [Company Name]
Introduction
[Outline your company’s business and your vision for its future.]
[Introduce the company and its business. What is your vision for the future of the
business? What do you hope to achieve? Where do you see the company in five years or ten?]
Purpose
[Explain the purpose of the report and what you hope to convey about the company and
its financials.]
[What do you plan to communicate, and why should your investors pay attention? In
other words, try to persuade your investors that the accounting information you are about to
share is important.]
Methods and Approach be vague not indepth
[Explain some management accounting methods you used to determine your costing
strategy, evaluate your financial information, etc., and explain how these methods support the
mission and vision of the company.]
[Briefly describe how your report and the data it represents adheres to industry standards
and the AICPA code of ethics. In other words, why should your investors trust that you are
delivering accurate financial data and that your decision-making process has been ethical?]
Financial Strategy
[In this section, review your original business plan and costing strategies. Remove this
note before you submit your paper.]
Report for [Company Name]
Costing System
[Outline why the job order costing system works best for your business. Explain in detail
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.]
Selling Prices
[List the selling price you chose for each product.]
Not too much detail very brief
[Explain and defend the selling prices you established for each product. Why did you
choose these prices? Be sure to reference your cost-volume-profit analysis in your defense]
Contribution Margin
[Copy and paste your completed table from the “Contribution Margin Analysis” tab of
your Project Workbook.]
[Share and explain your contribution margin per unit. How did you arrive at these
numbers? Be sure to reference your cost-volume-profit analysis in your defense.]
Target Profits
[Copy and paste the completed table from the “Break-Even Analysis” tab of your Project
Workbook.]
[Specify the break-even points you determined for achieving different target profit levels.
Then, explain and defend the target profits you selected for each area of your business. Be sure
to reference your cost-volume-profit analysis in your defense.]
Financial Statements
[ This section is designed to have you assess your financial performance to date. Remove
this note before you submit your paper.]
Report for [Company Name]
Statement of Cost of Goods Sold
[Copy and paste your table from the “COGS” tab of your completed Project Workbook.]
[Compare the actual cost of goods sold over the last month and evaluate the company’s
performance against the budgeted benchmarks. Are the numbers close to what you expected?
Interpret the performance and explain what happened.]
Income Statement
[Copy and paste your table from the “Income Statement” tab of your completed Project
Workbook.]
[Based on your income statement, logically interpret the business’s performance against
the provided benchmarks. Did the company do as well as expected? Explain what happened.]
Variances
[Copy and paste your table from the completed “Variances” tab of your Project
Workbook.] Brief not in depth
[Illustrate the variances observed between the planned and actual values for the direct
labor time and the direct materials price for collars. What changed?]
Significance of Variances
[Share a summary of your variance analysis. Were the variances favorable or
unfavorable?]
[Evaluate the significance of the variances. Are the variances favorable or unfavorable?
What does it mean? Explain whether and how your evaluation will affect your budgeting and
planning decisions for the next month or quarter.]
Report for [Company Name]
References
[Include any references cited in your paper in full APA format. Don’t forget to include in-text
citations as well.]
