Scenario from assignment 1
Imagine that you just created a new start-up company. You want to compete in the growing industry of drone navigation systems with the government. VectorCal is the only major company in the field. You also want to be a leaner, faster version of a company that you view as being too slow and costly. Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.
Write a three (3) page paper in which you:
1. Analyze your company’s cost classification for pricing of the navigation system. Defend your cost classification to the U.S. government. Thoroughly analyzed your company’s cost classification for pricing of the navigation system. Thoroughly defended your cost classification to the U.S. government.
2. Examine the various cost classifications, the different allocation bases, and the application of cost-accounting standards. Thoroughly determined reasonable, allowable, allocable, variable, fixed, and semi-variable costs for your company after the initial start-up phase is complete.
3. Use technology and information resources to research issues in cost and price analysis. Thoroughly predicted the method for performing price analysis that the U.S. government will want from your new company and VectorCal
4. Determine reasonable, allowable, allocable, variable, fixed, and semi-variable costs for your company after the initial start-up phase is complete.
5. Predict the method for performing price analysis that the U.S. government will want from your new company and VectorCal. Justify the response.
6. Use at least five (5) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
7. Write clearly and concisely about cost and price analysis using proper writing mechanics.
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