Exam (elaborations)
ACC 550 Final Project 2024 with complete solution
- Course
- ACC 550
- Institution
- Southern New Hampshire University
ACC 550 Final Project 2024 with complete solution
[Show more]
Content preview
ACC 550 Final Project 2024 with complete solution2024
ACC 550 ACC 550 Final Project 2024 with complete solution
To: Manager
From: Mackenna Beattie, Management Accountant at Emerald Office Supply, Inc. Subject: Executive Report Outlining Break-Even Analysis and Master Budget
Analysis of Cost Report Types of Costs Used in a Cost Report
Within a company, there are different types of costing used to generate a cost report. Some of them are (O’Donnell and Riso, 2024):
•Fixed Costs: These are the costs that remain constant throughout the project, without
being related to the project’s scale or duration.
oExamples: Rent or lease payments for construction equipment or staff, licensing fees, office rent
•Variable Costs: These are the costs that change in proportion to the level of the construction activity of a project.
oExamples: Hourly labor wages, fluctuating material costs, fuel for equipment, maintenance costs
•Direct Costs: These are the expenses directly tied to the physical construction of a project (O’Donnell and Riso, 2024)
oExamples: Materials, labor wages for construction workers, equipment rental
•Indirect Costs: These costs are not directly tied to the physical construction of a project, but necessary for the completion of the project.
oExamples: Project management fees, administrative expenses, security services and insurances
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Wiseman. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $12.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75632 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now