This document provides instructions for a multi-part accounting assignment involving budgeting and cost analysis for a pet supplies manufacturer. It involves: 1) Analyzing actual vs. flexible budgets and calculating variances to determine where the original budget went wrong and how to improve the budgeting process. 2) Considering whether to make or buy a product component and the ethical factors involved in this "make vs. buy" decision. 3) Recommending non-financial performance measures for the company and managers that take ethics into account. The analysis must address budgeting improvements, the make vs. buy decision's impacts and ethics, and the ethics of proposed performance measures. Spreadsheets and a 1-2 page memo

1. Buy
here:​http://homework.plus/acc-207-final-project-milestone-two/
Product Description
Overview: Classifying a company’s costs allows for an in-depth analysis of the impact that
changes in output have on revenues, costs, and net income or net loss. A cost-volume-profit
analysis will be completed in order to determine the breakeven point. Relevant costs will be
used to prepare a flexible budget. Additionally, an appropriate costing system should be
selected and the choice should be substantiated with reasonable rationale. Finally, a memo
should be prepared for management that summarizes the results of the quantitative analysis
and makes recommendations for an optimal costing system to be ethically used by key
decision makers.
For Milestone Two, you will analyze the budget and actual costs using the MDE
Manufacturing Budget (Tables I, II, III, IV). Determine where variances occurred and why.
Submit the Student Workbook with Tabs 3 and 4 completed with your budgets/variances and
a 1–2 page Word document that discusses the implications of your findings on MDE’s
financial considerations. Explain which aspects of MDE’s budgeting process are in need of
improvement and justify your response using your calculations. Address all critical elements
listed below in Section II. Use Tabs 5 and 6 of the Student Workbook for your budget and
variance calculations.
Specifically, the following critical elements must be addressed:
II. Prepare and Perform

2. a) What are your fixed costs? Segregate them in the budget model.
b) Determine how variable costs change as activity measures change. How can this
information be applied?
c) Create the budget model, ensuring fixed costs are hard coded into the model (variable
costs are stated as a percentage of the relevant activity measures or as a cost per unit of
activity measure).
d) Add actual activity measures to the model. Make sure all information is added accurately.
e) Add the flexible budget calculations to the budget model. Make sure all information is
accurate.
f) Compare the flexible budget to the actual expenses. What does this inform? Be sure to
discuss the following variances:
i. Static budget variance, including sales volume and flexible budget variances
ii. Price and efficiency variances for direct materials and direct labor
iii. Spending and efficiency variances for variable manufacturing overhead
g) Determine the aspects of the budgeting process that are in need of improvement. Justify
your response.
h) Interpret what budget variances represent. Should all variances be investigated?
Guidelines for Submission: Your paper must be submitted using the Student Workbook to
present your budgets and variances and a 1–2 page Microsoft Word document with double
spacing, 12-point Times New Roman font, and one-inch margins to explain your findings.

3. Apply ethics within the accounting decision-making process for supporting responsible
business activities
You are a manager for a pet supplies manufacturer. This responsibility requires you to
create budgets, make pricing decisions, and analyze the results of operations to determine if
changes need to be made to make the company more efficient
Using the workbooks and budget variance report you created for Final Project Part I, you will
make recommendations about possible changes. You will look at the possibility of making
some components of one product instead of buying them, and you will determine how to
evaluate the company as a whole and managers in particular. You will create a budget
analysis detailing your findings.
Specifically, the following critical elements must be addressed in your analysis:
a) Budget Process and Variances
1. Discuss the initial budget process, the variances, and potential reasons for the variances.
2. What are the changes you think the company should make based on the variance
analysis? What will the changes accomplish?
3. What are the ethical considerations of the changes you have selected? Why are you
recommending these particular changes?
b) “Make” or “Buy”: Suppose you were to consider buying a particular component of one of
your products or making the product in-house.
1. What factors would you consider in such a “make” or “buy” decision?

4. 2. What are the ethical considerations of your decision? What implications could this
decision have?
3. For each option (i.e., to “make” or to “buy”), how will this impact the efficiencies of your
operation?
c) Nonfinancial Performance Measures
1. What suggestions would you make for nonfinancial performance measures that the
company should adopt? What are the pros and cons of each?
2. What are the ethical considerations of your suggestions? Explain the significance of each.