Posted: July 30th, 2022
Develop a Microsoft PowerPoint presentation which concisely presents the following information regarding your cookie company: 1.Consider the company’s mission. Will you focus on quality, volume, or satisfying a niche? Will you sell using a traditional brick & mortar storefront or through eCommerce? Who is your target market? What are your expansion plans? What will be your main products? Where will you operate? 2.Write a mission statement for your company that reflects the decisions you made in the previous step. 3.Based on your company’s mission, describe the long-range goals, strategies, and objectives that your company will pursue. Will you increase sales a certain percent each year, increase the number of stores, co-brand with another product, etc. 4.Decide upon a company name. 5.Determine cookie specifications: size, color, key ingredients, appearance, quantity and packaging. 6.Develop a recipe that fits with your mission, goals, and specifications. 7.Create a job cost card for your cookie recipe and calculate cost per cookie. Assume overhead is allocated at a rate of $2 for every $1 of labor cost. 8.List some of the costs you will include in overhead. 9.Will you use a job order or process accounting system? Why? 10.Include a diagram showing the flow of costs through your chosen system.
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