Accounting lego project (with example project attached) concept idea: | ACCT 2102

 

Lego Scheme Instructions

Fall 2020

Due Date: 11/16/20

The Lego Scheme allure be due Nov 16th at 11:59PM

The resolve of this scheme is for you to renew the fundamentals of managerial accounting confer-uponed in ACCT 2102. You can do this in assemblys of two. On the hidefencing on your written deliverefficacious gladden comprise twain designates if you worked in a assembly. In abstracted, your hide fencing should comprehend the designate of your invention and a reconfer-upon of your invention. Gladden comprise twain designates on the PowerPoint as courteous. 

You allure be creating a Lego kit either by artifice or a Lego architecture website. The calculate of Legos per invention allure vary for each assembly depending on the invention. You must use a incompleteness of 100 members to constitute your Lego invention. This scheme should not consume you any money you should be efficacious to download the software off of Lego.com or sketch your invention. If you meet another website homogeneous, you are unimpeded to be chimerical. If you bear Legos, you may so construct an objective constituency.

Assume you are creating a Lego kit to resell. Also, claim that you are confer-uponing this scheme to the Executive Vice President of Product and Marketing Development. 

Grading: 20% objective invention 40% two-page written deliverefficacious 40% introduction

Actual Invention  20 tops

Written Deliverefficacious  40 tops

Presentation (PowerPoint and Presentation)  40 Points

Total Points 100 Points

Your deliverefficacious and introduction allure be judged on twain creativity and the instructional conciliateing of the relation. DO NOT SUBMIT A DELIVERABLE THAT RESEMEBLES JUST ANSWERING THE QUESTION IN ORDER OR THAT RESEMBLES A RESEARCH PAPER.

Direct Materials Cost:

Bricking Listing- Use this registering of Lego members to determine your esthetic consume. Your singly esthetic used should be Lego members. Claim the subjoined consumes for the Lego good fellows in determining the consume of your invention:

Lego Plates: 5 cents each

Lego Bricks: 8 cents each

Lego Appropriate Pieces: 10 cents each (if the member is not a extract or a natural Lego good fellow, it should be rankified as a appropriate consume- any greatness or fashion)

Direct Work Cost: Trodden work consume are narrative at 25% of your completion trodden esthetics consume.

Manufacturing Overhead Cost: Manufacturing aggravatehead consumes are narrative at 30% of your trodden work consume. 

Required: You should constitute a two-page acme instruction fencing environing the invention you construct. The written deliverefficacious should comprehend at a incompleteness the instruction registered adown. However, it can not exceed two pages, thus you must so contemplate environing creativity when preparing your deliverable. You allure so constitute a PowerPoint comprehending the subjoined instruction and comprise a utterance aggravate faculty top in establish of a introduction. 

Remember you are trying to retail your scheme to the Executive Vice President of Product and Marketing Development; thus, you scantiness to use creativity when confer-uponing this instruction. 

· A sole designate for your invention concurrently after a while the retailing consume of your Lego Kit. Make firm you use creativity in choosing the designate of your invention. Decipher on the soundness of the retailing consume of your invention and how you congenial the retailing consume.

· A discourse of the types of consumes associated after a while manufacturing the Legos for your invention. This does not comprise the dollar sum of consume, impartial the TYPES of consumes. Contemplate through the manufacturing course and comprise all of the types of consumes that you can identify that would be used in this manufacturing course. (Think environing apparent types of items used in any manufacturing course.) You capacity sketch a flowchart depicting the manufacturing course and decipher on types of consumes or use another interesting bearing for confer-uponing the instruction. Diagram in as greatly point as you can, the manufacturing course of your Lego invention. 

· Summarize all consumes of genesis in a Genesis Consume Fencing format. One practicable format is shown adown (handle unimpeded to add any ability to the register that you capacity need- customize the register to your invention):

PLATES LISTED BY SIZE 

QUANITITY USED 

COST/UNIT

TOTAL COST

1X1

2X2

2X3

2X4 

2X6

2X8

2X10

4X4 

4X6

4X10

# OF UNIQUE PLATES USED

SUBTOTAL (A)

BRICKS LISTED BY SIZE

QUANTITY USED

COST/UNIT

TOTAL COST

1X1

1X2 

1X3 

1X4

1X8

2X2

2X4

2X6

2X8

2X10

# OF UNIQUE BRICKS USED

SUBTOTAL (B)

SPECIAL PARTS- LIST BY DESCRIPTION

QUANTITY USED

COST/UNIT

TOTAL COST

# OF UNIQUE SPECIAL PARTS

SUBTOTAL (C)

TOTAL MATERIALS COST (A) + (B) + (C)

Labor Cost

25% of completion trodden esthetics consume

Overhead Cost

30% of trodden work consume

Total Cost

Plus markup (You must pick-out your   markup percentage)

Total Selling Price 

· Comprise in your written deliverefficacious and introduction at meanest two represents. One reconfer-upon should be a reconfer-upon of your kit “in course.” The second reconfer-upon should be a reconfer-upon of the objective invention. Your deliverefficacious allure be strengthened if you confer-upon separate represents (preferably in multitudinous stages).

· Identify and decipher (after a while references to your point scheme) five concepts hideed in rank or in your body which would succor when conceding and consumeing your invention. Do not use scheme consume (DM, DL, or MOH) as multiply of this inquiry. These types of consumes are hideed overhead. 

· Currently, there is a discourse environing the issue of plastics on the advenient of our planet. Comprise a individuality in your introduction and deliverefficacious that discusses whether or not it is practicable to tender sustainefficacious Lego products. Provide a register of any contrivance that you use in obedient this inquiry.

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