2019-04-20T10:34:11+00:00 sample questions

Estimate standard direct material and direct labour costs for your product or service

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Create product or service your choice, and discuss the vision, purpose, and goal of your activity 
Understand the role of vision and strategy in creating budget 
Research inquiry, Critical thinking,  
 Estimate standard direct material and direct labour costs for your product or service  
 Develop standard direct costs Research inquiry, Critical thinking, disciplinary specific knowledge 
 Estimate standard variable overheads and fixed overheads for producing the product or service 
Develop standard overhead costs Research inquiry, Critical thinking, disciplinary specific knowledge 
 Prepare master budget for your 1 month of operation (including sales, costs of sales, profit and loss budgets) 
 Develop a master budget for a service Research inquiry, Critical thinking, disciplinary specific knowledge 
 Reflection on the knowledge and skills you learn from doing the assignments


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