Accounting Logistics, Air Transportation, and Disaster Response Business Plan
Paper should include these accounting topics throughout the project:
Break-even point analysis – Decision to make or buy a product – Decision to add or drop product line – Ethical Considerations – Sunk and Opportunity Costs – Types of costs and their application – Job-order costing – Process Costing – Cost-Volume-Profit Analysis – Variable Costing – Cost Allocation – Budgeting – Standard Costs and Variance Analysis – Other applicable Managerial Accounting topics
Business plan should focus on:
Logistics. Moving cargo in and out of austere international environments
Air Transportation. International medical evacuation and casualty evacuation in combat environments
Disaster Response. International emergency response
Research Paper
Comprehensive review of costs from an industry or company
Assignment –
Your assignment is to analyze different types of costs that your chosen industry might incur. These types of costs include, but are not limited to, the costs defined in your text.
As an example, I have chosen a candy factory to demonstrate costs. (Please research the You Tube video – I Love Lucy Chocolate Factory). In that video one can see the different types of costs that the chocolate factory incurs. We have the overhead cost of where they make the chocolates. Direct labor with Lucy and Ethel. Indirect Labor with the supervisor. The overhead cost of the machinery. Direct product costs in the chocolates. Variable costs in the direct labor of the workers and the costs of the items in the chocolates. Opportunity costs in that by operating a chocolate factory we can’t manufacture other items there. Sunk costs, in the cost of the chocolates that can’t be sold. There are many more costs that I haven’t defined here that we can discuss in class or on-line.
Expectation of your work product –
Your paper must be at least five full pages, size 14 font using the APA style. You must include at least ten research references with the proper citations. You must identify at least ten different types of costs.
Let’s give an example of part of a paper on the chocolate factory. I mentioned direct labor costs.
Direct labor costs are the costs of the labor to directly make the product. These generally include production salaries.
Okay, that’s great. How would one get a research reference? A simple search engine search gives me the following possibilities for just this one type of cost:
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