Module 1 – SLP

Accounting Cost Systems and Cost Behavior

You are applying for a managerial position at an innovative and
rapidly growing company. This is a dynamic company that wants an
individual who adds value to the organization. Managers at this company
wear many hats, so the position requires managing products, people, and
financial aspects of running the company.

As part of the interview process, you are required to make a
presentation covering four different topics, one per module for this
course.

You choose the company and the new product that you want to showcase
in your presentation. It can be real or fictitious (based on an
industry). This is for background purposes only. The presentation is to
showcase your abilities and what you can contribute to the organization.

IBIS World (access on the Portal through the Online Classroom & Library, Additional Library Resources link) and BizStats
have estimates of cost of goods sold and some other categories of
operating expenses. Information about contribution margins is not
available, but adding new products typically mean incurring both fixed
and variable costs. Consequently, cost of goods sold is a reasonable
estimate. Net operating income as a percentage of sales or some
variation thereof may also be relevant if the new product is expected to
contribute significantly to the bottom line. As a candidate for a
position you would not have internal information available, but being
resourceful and being a skilled researcher are desired traits for the
position. IBIS World also has a wealth of other market statistics that
may be helpful. Use listed background material and other resources as
needed.

Required:

Include the following items in your presentation.

• Present an idea for a new product.
• Describe the product.
• Show some cost estimates and pricing suggestion for this product based on research.
• What approach would you use to determine selling price (for example
  cost plus or target costing)? It is important when choosing a design.
• Explain your rationale for the pricing approach.
• Show expectations of growth and potential profit.

SLP Assignment Expectations

Submit a PowerPoint presentation or a Word Document. A PowerPoint
presentation should have no more than six slides and a Word document
cannot exceed two pages. Use words, tables, and graphs to make a
succinct presentation. Document all sources and provide links at the
end. It is acceptable to add another slide or page to list the sources.