ACC 202 Milestone Two Guidelines and Rubric Overview: In the second milestone of your final project,...

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ACC 202 Milestone Two Guidelines and Rubric Overview: In the second milestone of your final project, you will complete your pre-opening strategy. You must analyze the cost behaviors and systems of your industry and then conduct the relevant financial calculations to determine appropriate costing solutions. Be sure to use your work from Milestone One to inform your analysis and proposals. Scenario: Prior to Opening, Part II: Your market research indicated the following price ranges as optimal for your area:  Dog Day Care o With pricing at $18 per dog per day, you can expect to have 22 dogs per day. o With pricing at $20 per dog per day, you can expect to have 15 dogs per day. o With pricing at $25 per dog per day, you can expect to have 10 dogs per day.  Overnight Boarding o With pricing at $25 per dog per day, you can expect to have 12 dogs per day. o With pricing at $28 per dog per day, you can expect to have 10 dogs per day. o With pricing at $30 per dog per day, you can expect to have 7 dogs per day.  Basic Groom o With pricing at $25 per groom, you can expect to do 5 grooms per day. o With pricing at $30 per groom, you can expect to do 4 grooms per day. o With pricing at $35 per groom, you can expect to do 3 grooms per day. Additionally, you need to compare your break-even points for the following target profits for each area of your business:  Day Care o Break-even o $417 target profit each month o $667 target profit each month  Boarding o Break-even o $583 target profit each month o $909 target profit each month  Grooming o Break-even o $1,000 target profit each month o $1,500 target profit each month Prompt: Continue your work by conducting a cost-volume profit analysis, specifically addressing the following critical elements:  Determine your contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab.  Determine your break-even points for achieving your target profits in the “Break-Even Analysis” tab.  Incorporate all feedback from Milestone One. Rubric Guidelines for Submission: Your workbook submission should have the first five tabs completed according to the formats in the provided templates within each sheet. Critical Elements Proficient (100%) Not Evident (0%) Value Contribution Margin Determines the contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab of the workbook Does not determine the contribution margin per unit and contribution margin ratio in the “Contribution Margin Analysis” tab of the workbook 40 Break-Even Points Determines the break-even points for achieving the target profits in the “Break-Even Analysis” tab of the workbook Does not determine the breakeven points for achieving the target profits in the “Break-Even Analysis” tab of the workbook 40 Incorporate All Feedback Incorporates feedback from Milestone One into the first three tabs of the workbook Fails to incorporate all feedback from Milestone One into the first three tabs of the workbook 20 Total 100%

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Instructions
	Southern New Hampshire University
	College of Continuing Education (COCE)
	ACC202 - Managerial Accounting
	MILESTONE 1 (Due in Module 2)				MILESTONE 2 (Due in Module 4)					MILESTONE 3 (Due in Module 5)
	1.					1.					1.
		Name					Choose a price range and calculate:					Create a Cost of Goods Manufactured Schedule
		Location					Grooming
		Vision					Day Care
		Mission					Boarding
	2.					2.					2.
		Identify the following:					Calculate the break-even units					Create an Income Statement
		Direct Materials					Grooming					Revenue will be provided end of week 4
		Diret Labor					Day Care
		Manufacturing Overhead					Boarding
		Period Costs					Calculate the break-even for target profits
	3.						Grooming				3.
							Day Care
		Calculate the Variable & Fixed Costs for:					Boarding					Calculate for the Grooming line:
		Grooming										Direct Labor Time Variance
		Day Care										Direct Labor Rate Variance
		Boarding										Direct Materials Efficiency Variance
												Direct Materials Price Variance
ACC202 - MANAGERIAL ACCOUNTING	
Company Profile
/xl/drawings/drawing1.xml#CompanyProfileVariable & Fixed Costs
/xl/drawings/drawing1.xml#VariableFixedCostsCost Classification
/xl/drawings/drawing1.xml#CostClassificationContribution Margin
/xl/drawings/drawing1.xml#ContributionMarginBreak-Even Analysis
/xl/drawings/drawing1.xml#BreakevenAnalysisCOGM Schedule
/xl/drawings/drawing1.xml#COGMScheduleIncome Statement
/xl/drawings/drawing1.xml#COGMScheduleVariances
/xl/drawings/drawing1.xml#VariancesInstructions Milestone 1
/xl/drawings/drawing1.xml#InstructionsMilestone1Instructions Milestone 2
/xl/drawings/drawing1.xml#'Instructions%20-%20Milestone%202'!InstructionsMilestone2Instructions Milestone  3
/xl/drawings/drawing1.xml#'Instructions%20-%20Milestone%203'!InstructionsMilestone3
Instructions - Milestone 1
	Southern New Hampshire University
	College of Continuing Education (COCE)
	ACC202 - Managerial Accounting
	INSTRUCTIONS FOR MILESTONE 1 (Due Week 2)
	IMPORTANT NOTE:
	Make sure to completely review the Rubric for Milestone 1
	Use the data from this Milestone and begin working on your final presentation due in Milestone 4 (Week 7)
	ITEMS TO COMPLETE FOR THIS MILESTONE (Blue Tabs):
	GENERAL
	You plan to open a pet services business that will offer dog grooming, day care and boarding
	COMPANY PROFILE TAB
	Determine a company name.  Be creative (e.g. "Inspiring Dog Care")
	Pick a location (e.g. "Chicago")
	Define your company's vision and mission for how your business will add value to the community
	COST CLASSIFICATION
	Accurately classify all of your costs (direct material, direct labor, manufacturing overhead, period costs)
	Fixed & Variable cost designation is provided
	VARIABLE & FIXED COSTS
	Determine your per unit cost per dog for grooming, day care and boarding
	OPERATIONAL & COST INFORMATION:
	For simplicity, base all calculations using 30 days in each month
	OPERATIONAL DATA
	Grooming:
	The Groomer can groom 5 dogs a day, 5 days a week
	Each grooming takes 1.5 labor hours
	Day Care:
	The Day Care can house 10 large dogs and 12 small dogs daily.
	Day Care is offered 6 days a week
	Boarding:
	There are 12 kennels (single dog only).
	Boarding (kennel services) is offered every day
	Facilities:
	The Grooming facility is 200 square feet
	The Boarding facility is 2,500 square feet
	The Day Care facility is 1,500 square feet
	General:
	Loan for start-up costs - monthly payment of $420;  in effect immediately; limited cash and loan funding - used angel investors
	Modest monthly draw of $600 a month for first year;  should be divided evenly amoung the services (grooming, day care, boarding)
	SALARY & HIRING DATA
	Groomer (Allison) - $12.00 an hour, 40 hours a week
	Day Care Attendant (Beverly) - $9.00 per hour, based on need
	Receptionist (Cathie) - $8.50 per hour, 30 hours a week
	Kennel Attendant (Ben) - $11.50 per hour, based on need
	OTHER COST DATA
	Grooming:
	Dog Grooming Arm - $300				.
	Grooming Table - $900
	Grooming Tub - $2,800
	Clippers - $136.99; can be used for 100 grooms
	Shampoo - $103.96 per 5-gallon pail; can be used for 100 grooms
	Salon Tuff Capri Mobile Carry Cart - $90
	Scissors (7 inch straight) - $194.99; used for 200 grooms
	Scissors (ear and nose) - $7.49; used for 200 grooms
	Day Care:
	Fencing for Day Care area - $1,249
	Fencing Installation - $1,000
	Toys - $3.29 per 6 pack;  one toy will last for two dogs in day care per day
	Rubberized Flooring for Day Care - $3,800
	Boarding:
	12 Kennels; Depreciation is $80 per month
	General:
	Food & Water bowls - $3.59 per unit
	Day Care - two bowls last for every 75 dogs that attend daycare
	Boarding - two bowls last for every 100 dogs boarded; two bowls per kennel
	Grooming - each bowl lasts for 20 grooms and you need 4 bowls at all times
	Towels - $34.

ACC 202 Milestone Two Guidelines and Rubric Overview: In the second milestone of your final project, you will complete your pre-opening strategy. You must analyze the cost behaviors and systems of...

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