Assignment Requirements
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WRITING REQUIREMENT:
Each student is to submit at least a 2,500 word written paper, discussing documentary presentations concerning companies and economies and the role of accounting.
The documentary presentations will be available via Internet link, to allow review of the documentary presentations in the completion of the writing assignment.
No. 1 Documentary Presentation Internet Link: http://www.hulu.com/watch/213609
No. 1 Documentary – Company and Writing Objective: John Deere – Manufacturing Costs
John Deere has a sophisticated factory for building grain harvesters. Focus on the factory operations. Write a memo to the management of John Deere concerning the types of costs to be considered in determining the costs that go into production of a John Deere harvester combine. John Deere will be using this information to determine the price to be charged to customers for the harvester combine. John Deere needs to capture, as accurately as possible, all of the costs incurred in producing the harvester combine. Be specific, using items from the video that describe the raw materials, direct labor and overhead item components of the manufactured product. In addition, describe the accounting information concerning the flow of the costs from Raw Materials, Labor and Overhead to Work in Process, then to Finished Goods, and finally to Cost of Goods Sold. Include sample journal entries to present the accounting flow of information. Introduction To Managerial Accounting, Acct 202, Section 20
No. 2 Documentary Presentation Internet Link: http://www.hulu.com/watch/213614
No. 2 Documentary – Company and Writing Objective: Freightliner – Job Order Costing
Freightliner is a company that makes, among other things, the chassis (frame) for a Winnebago Vectra. Write a memo to the management of Freightliner concerning accounting for the costs associated with producing the frames for Winnebago under a Job Order Costing system. Specifically discuss the costs that go into the job, using the information in the textbook concerning Job Order Costing. Apply that process to the facts in the documentary to advise Freightliner on how to accurately capture the costs associated with the Winnebago job. Include sample journal entries to present the accounting flow of information.
No. 3 Documentary Presentation Internet Link: http://www.hulu.com/watch/213607
No. 3 Documentary – Company and Writing Objective: Budweiser – Process Cost Accounting
Budweiser manufactures beer. Write a memo to the management of Budweiser concerning accounting for the costs associated with producing beer under a Process Costing system. Describe the method to be used to account for the process of brewing beer under a Process Cost System, in order to accurately determine their product cost, using the information in the textbook concerning Process Costing. Apply that process to the facts from the documentary. Be specific about accounting for Raw Materials, Labor and Overhead. Describing the process by which costs will flow through the accounts in order to capture all costs associated with their production. Include sample journal entries to present the accounting flow of information.
The heading of each of the memos to each company should be as follows:
MEMORANDUM TO CLIENT
TO:
FROM:
DATE:
SUBJECT:
Each memo should be typed. Each should be approximately two pages long, using single spacing and Times New Roman, 12 Point font. The header of each page, after the first page, should contain the name of the client, the name of the writer, the date, and the page number. The writing style should be in paragraph form (no bullet points). Use headings to break up the paper and direct the attention of the reader. Frequent use of headings may add clarity to the memo. Be Clear, Concise and Comprehensive.
Each student should comment on the areas addressed by the documentary presentations, both based on the documentary presentations and the experiences of the student.
All three memos are to be submitted as a single PDF file attached to a single email. The file name for all three memos should be in the following style:
LastnameFirstname_Acct202_Spring2015_WritingRequirement_mmddyy
The subject Line of the email should be:
Acct 202, Sec 20, Spring 2015 – Lastname, Firstname: Writing Requirement
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