devry acct244 week 7 course project latest 2015

| June 11, 2016

Question
Course Project: Cost Analysis for Decision Making

The Cost Analysis for Decision Making project is intended to be a comprehensive evaluation of the key objectives covered throughout this course. It will challenge you to apply your knowledge of cost information when evaluating the decision to make or buy a product. Please use this outline and grading rubric as a guide to completing your course project. It provides specific details of the required elements of the project, and it will be used by your instructor as a grading guide.

Read Integrative Case 4-61, “Make versus Buy,” on pages 157 and 158 of the course text. Assume that you are the general manager (Mr. Walsh) faced with this decision. You have identified the following four alternatives available to Liquid Chemical Co.

Alternative A: It is the status quo. (i.e., Liquid Chemical Co. will continue making the containers and performing maintenance.)
Alternative B: Liquid Chemical Co. will continue making the containers, but it will outsource the maintenance to Packages, Inc.
Alternative C: Liquid Chemical Co. will buy containers from Packages, Inc., but it will perform the maintenance.
Alternative D: It is completely outsourced. Packages, Inc. will make the containers and provide the necessary maintenance.
Your project should include the following items:

Part (a): Discuss each of the four alternatives outlined above. Identify the relevant costs (including amounts) for each of the four alternatives, and explain why these costs are relevant to the decision. Identify any costs that are not relevant, and explain why they are not relevant. What are the advantages and disadvantages of each alternative? Who benefits and who loses?
Part (b): Other than the relevant costs identified in Part (a), what additional information would you use when making your decision? Are there financial factors other than those identified in the case study that you would incorporate into your decision? What nonfinancial information would affect your decision?
Part (c): As the general manager, which alternative would you choose, and why? Support your conclusion with facts and figures, as necessary.
Guidelines

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The following guidelines should be used when completing your project:

The essay must be at least three to five pages in length, double spaced, and 10 point Arial or Times New Roman font.
Even though this is not a necessarily a scientific writing paper since it is creative in nature, references are still important. At least one authoritative, outside reference is required (anonymous authors are not acceptable). These should be listed on the last page titled “Works Cited.” The reference page does not count towards the minimum page count.
Appropriate citations are required.
All DeVry University policies are in effect, including the plagiarism policy.
Essays are due during Week 7 of this course.
Any questions about this paper may be discussed in the weekly Q & A Discussion topic.
This paper is worth 150 total points and will be graded on quality of content, organization, proper use of citations (as necessary), and grammar and sentence structure.
Grading Rubrics

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Category Points % Description
Content 90 60% Address all parts of the project in sufficient detail. Demonstrate an understanding of course content through its proper application to the decision in the case study. Provide support for your analysis and decision.
Organization and Cohesiveness 25 17% Present a clear analysis of the decision in the case study. Arrange your responses to all of the parts of the project in a logical fashion.
Documentation and Formatting 20 13% Use the project guidelines described above. Essays should be in Arial or Times New Roman, 10 point font, double spaced, and a minimum of 3 to 5 pages, excluding the cover page and the reference page. Effectively use information from the course text and outside resources, properly citing in the body of the report, where appropriate, and in the reference page.
Editing 15 10% Use proper grammar and English. Avoid typos, spelling errors, slang, and jargon.
Total 150 100% A quality paper will meet or exceed all of the above requirements.
Best Practices

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While not required, the following are best practices in preparing this paper:

Cover Page: On the cover page, include who prepared the paper, who you prepared the paper for, and the date.
Table of Content: List the main ideas and sections of your paper and the pages in which they are located.
Additional hints on preparing the best possible project:

Apply a three step process of writing: plan, write, and complete.
Complete a first draft, and then go back to edit and evaluate.
Use visual communication to further clarify and support the written part of your report. You could use graphs, diagrams, charts, and tables.
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