INTRODUCTION TO MANAGERIAL ACCOUNTING

Everything Umbrella Inc. is considering producing a new type of umbrella. This new pocket-sized umbrella would fit into a coat pocket or purse.

Prepare a table with three columns to include the following information:

Don't use plagiarized sources. Get Your Custom Essay on
INTRODUCTION TO MANAGERIAL ACCOUNTING
Just from $13/Page
Order Essay
  • Classify the costs of this new product as direct materials, direct labor, manufacturing overhead, selling, or administrative.
  • Classify the costs listed as either product costs or period costs.

List of expenses incurred by Everything Umbrella Inc.

  1. Cost of advertising the product.
  2. Fabric used to make the umbrellas.
  3. Maintenance of cutting machines used to cut the umbrella fabric so it will fit the umbrella frame.
  4. Wages of workers who assemble the product.
  5. President’s salary.
  6. The salary of the supervisor of the people who assemble the product.
  7. Wages of the product tester who stands in a shower to make sure the umbrellas do not leak.
  8. Cost of market research survey.
  9. Salary of the company’s sales managers.
  10. Depreciation of administrative office building.

SLP Assignment Expectations

The table should be easy to read and nicely formatted with adequate explanations. Here is an example of the first two lines of a table.

Expense item     DM/DL/OH/Sell./Adm.      Product/Period

Advertising            Selling expense                   Period cost

The use of Excel is required. Here are a couple of resources for using Excel if you have limited experience with this tool.

Excel Made Easy – A Beginner’s Guide. Keynotes. Retrieved from https://www.keynotesupport.com/excel-basics/excel-for-beginners-guide.shtml#what

Excel 2016. [Videos]. GCF Global. Retrieved from https://edu.gcfglobal.org/en/excel2016/

Both content and presentation will be evaluated.

Calculate your order
Pages (275 words)
Standard price: $0.00
Client Reviews
4.9
Sitejabber
4.6
Trustpilot
4.8
Our Guarantees
100% Confidentiality
Information about customers is confidential and never disclosed to third parties.
Original Writing
We complete all papers from scratch. You can get a plagiarism report.
Timely Delivery
No missed deadlines – 97% of assignments are completed in time.
Money Back
If you're confident that a writer didn't follow your order details, ask for a refund.

Calculate the price of your order

You will get a personal manager and a discount.
We'll send you the first draft for approval by at
Total price:
$0.00
Power up Your Academic Success with the
Team of Professionals. We’ve Got Your Back.
Power up Your Study Success with Experts We’ve Got Your Back.
Live Chat+1(978) 822-0999EmailWhatsApp

Order your essay today and save 20% with the discount code GOODESSAY