BUS315 Cost And Price Analysis
Week 1 Discussion
“Three Major Concerns” Please respond to the following:
Analyze at least two major concerns for the federal government concerning the pricing of goods and services. Determine which major concern you believe is the most important to address, and provide a rationale for your response.
Distinguish between at least two of the major factors that are important when a company decides upon a price at which to sell its goods and services to the government. Provide a rationale for your response
BUS315 Cost And Price Analysis
Week 2 Discussion
“Initial Bid” Please respond to the following:
Suggest the most significant manner in which the cost of the solicitation process adds to the bottom-line in the initial bid for a government contract. Justify your response.
Determine the steps in the sealed bidding process. Next, create an argument for or against the sealed bidding process as a method of lowering the government’s potential expense for a good or service. Justify your response with one example.
BUS315 Cost And Price Analysis
Week 3 Discussion
“Price Analysis” Please respond to the following:
Examine at least two purposes that price analysis serves to a company like VectorCal and to its product line. Support your answer with two (2) examples of companies that used price analysis to better serve their organizations.
Imagine you are a CEO of a large company. Provide two examples of the manner in which you would incorporate a price analysis in your company. Predict the important ways in which your use of price analysis would lead to financial success for the whole company.
BUS315 Cost And Price Analysis
Week 4 Discussion
“Classifications of Costs” Please respond to the following:
Diagram two to three (2-3) of the classifications for costs, and propose the value of each of these classifications in the production of the navigation system at VectorCal. Explain your decision for each classification chosen.From first the e-Activity, compare and contrast the manner in which VectorCal and the other businesses that you researched utilize cost principles. Specify which cost principles you believe to be the most and least important for any business, and justify your rationale for each.
BUS315 Cost And Price Analysis
Week 5 Discussion
“How to Forecast Costs” Please respond to the following:
Infer the main reasons for the high number of government contracting invitations extended for the purpose of obtaining certified cost or pricing data. Speculate on why the invitation is the last item in the gathering of cost and pricing process. Justify your response.
Provide two to three (2-3) examples of other strategies to use to obtain cost or pricing data in a more accurate fashion. Predict the manner in which these examples could be utilized to also save the government funds. Provide a rationale for your response.
BUS315 Cost And Price Analysis
Week 6 Discussion
“Labor Costs” Please respond to the following:
Identify at least two factors that VectorCal uses to determine its labor costs for the creation of the navigation system that it is marketing to the government. Specify key reasons why these two factors are important in determining the labor costs for VectorCal’s navigation systems. Support your response with one example of such importance.
From the e-Activity, speculate on key areas where most companies fall short when determining their labor costs. Suggest two (2) methods that a company CEO should use in order to reduce price labor cost inconsistencies. Support your suggestion with two (2) real-world examples.
BUS315 Cost And Price Analysis
Week 7 Discussion
“Indirect Costs” Please respond to the following:
Predict VectorCal’s indirect costs based on the direct costs (e.g. direct labor, direct materials or both). Next, from the e-Activity provide two examples of companies with the same indirect costs that you predicted for VectorCal. Speculate on what the indirect costs of the existing companies bodes for the future of VectorCal.
Suggest one way in which how VectorCal could estimate the future indirect costs for at least ten potential line items related to the production of its navigation systems. Determine two to three (2-3) line items that could affect the indirect costs the most. Justify your response.
BUS315 Cost And Price Analysis
Week 8 Discussion
Overhead Expenses” Please respond to the following:
From the-Activity, compare and contrast the manner in which VectorCal and other businesses that you researched analyze overhead costs.Selecttwo to three (2-3) methods that the businesses in question used for allocating costs for theanalysis of their overhead expenses. Explain your rationale.
Analyze key ways in whichyou would make the most use of the cost analysis in supporting VectorCal’s contract with the federal government.Speculate on what you believe would happen if the cost analysis related to the VectorCal’s current federal government contract changed. Justify your response.
BUS315 Cost And Price Analysis
Week 9 Discussion
“Facility Costs” Please respond to the following:
Suppose you have been working with the federal government for a period of time, and you decide to form a small company. Explain the difference between depreciation and the facilities capital cost of money. Specify the key advantages of having facilities capital cost of money as an allowable cost. Justify your response.
Compare and contrast the facility costs of VectorCal and the US Government. Determine at least two advantages for using facility costs for both VectorCal and the US Government. Explain your rationale.
BUS315 Cost And Price Analysis
Week 10 Discussion
“Profit” Please respond to the following:
Determine two to three (2-3) reasons why VectorCal may not always receive the exact amount of profit that it negotiated into its contract with the federal government. Predict two to three (2-3) outcomes VectorCal may experience as a result of not meeting the profit requirements specified in their government contract. Justify your response.
Hypothesize two examples of circumstances where a company has not met the profit requirements of a government contract. Next, speculate on why these circumstances resulted in a failure to meet the profit requirements of its contract with the federal government. Next, from the e-Activity, provide one example of a company that has not met the profit requirements of a government contract, and specify the company’s end result.
BUS315 Cost And Price Analysis
Week 11 Discussion
“Course Wrap-Up” Please respond to the following:
Sum up two of the most important concepts you learned from this course and state how you might use these.
Identify someone in your life who would benefit from taking this course, and explain the reasons why.
BUS315 Cost And Price Analysis
Week 3 Assignment
Imagine that you just created a new start-up company. You want to compete in the growing industry of drone navigation systems. 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 two to three (2-3) page paper in which you:
Describe the new start-up company that you have created. Include in your description the nature of your company, its mission and vision, your company’s product, an analysis of your staff, and your target clientele.
Criticize VectorCal’s forecasting method. Determine the appropriate forecasting approach for your company. Provide a rationale to support the determination.
Suggest the semi-variable, allocated, and indirect costs that you should address in the start-up phase of your company. Provide a rationale to support the response.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
This course requires use of new Student Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Determine the characteristics of government contracting that affect pricing and what is considered fair and reasonable pricing.
Outline the process to forecast the likely price of an acquisition, calculate semi-variable costs, and allocate direct and indirect costs.
Use technology and information resources to research issues in cost and price analysis.
Write clearly and concisely about cost and price analysis using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.
BUS315 Cost And Price Analysis
Week 5 Assignment
In order to complete this assignment, refer to the scenario from Assignment 1, as well as to the scenarios and readings from previous weeks.
Write a two to three (2-3) page paper in which you:
Analyze your company’s cost classification for pricing of the navigation system. Defend your cost classification to the U.S. government.
Determine reasonable, allowable, allocable, variable, fixed, and semi-variable costs for your company after the initial start-up phase is complete.
Predict the method for performing price analysis that the U.S. government will want from your new company and VectorCal. Justify the response.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
This course requires use of new Student Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Examine the various cost classifications, the different allocation bases, and the application of cost-accounting standards.
Use technology and information resources to research issues in cost and price analysis.
Write clearly and concisely about cost and price analysis using proper writing mechanics.
Grading for this assignment will be based on answer quality, logic / organization of the paper, and language and writing skills, using the following rubric.
BUS315 Cost And Price Analysis
Week 7 Assignment
In order to complete this assignment, refer to the scenario from Assignment 1, as well as to the scenarios and readings from previous weeks.
Write a two to three (2-3) page paper in which you:
Predict the main costs (e.g., labor cost, material cost) associated with the production of VectorCal’s drone navigation system. Provide a rationale for the response.
Compare and contrast the direct and indirect costs associated with the drone navigation system that both your company and VectorCal would assume. Predict whether or not your company could easily control these costs and thus reduce production expenses. Justify the response.
Compare your company with VectorCal relative to the price of acquisition, semi-variable costs, and allocated direct and indirect costs of the drone navigation system. Justify the response.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
This course requires use of new Student Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Outline the process to forecast the likely price of an acquisition, calculate semi-variable costs, and allocate direct and indirect costs.
Examine the various cost classifications, the different allocation bases, and the application of cost-accounting standards.
Determine how to validate costs and certify cost and pricing data.
Use technology and information resources to research issues in cost and price analysis.
Write clearly and concisely about cost and price analysis using proper writing mechanics.
BUS315 Cost And Price Analysis
Week 10 Assignment
Federal Contracting Activities and Contract Types
The Department of Defense plans to issue a $400,000 government contract to a company that specializes in drone navigation technologies. As a result, a government auditor has been contacted to examine the operational data VectorCal and one (1) competitor (previously identified as “your company”) in order to decide which company should win the government contract.
Note: You may create and / or make all necessary assumptions needed for the completion of this assignment.
Write a six to eight (6-8) page paper in which you:
Create a one (1) page overview of the history and background of each company vying for the government contract.
Specify at least one (1) of the recent major contracts that was awarded to both companies. Explain the fundamental reasons why both companies were awarded the contract(s) that you specified.
Determine the type(s) of contract for which both companies might be eligible (e.g., fixed-price, cost reimbursement, etc.). Justify the response.
Discuss at least three (3) direct costs and three (3) indirect costs that each company incurred during the production of its navigation system. Explain the manner in which this data would factor into your decision as to which company would be more eligible to receive the contract.
Suggest which company should be awarded this government contract based on the data that was presented for each company. Next, provide three to five (3-5) reasons to support your stance.
Use at least three (3) quality resources in this assignment. Note: Wikipedia and similar Websites do not qualify as quality resources.
Your assignment must follow these formatting requirements:
This course requires use of new Student Writing Standards (SWS). The format is different than other Strayer University courses. Please take a moment to review the SWS documentation for details.
Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow SWS or school-specific format. Check with your professor for any additional instructions.
Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.
The specific course learning outcomes associated with this assignment are:
Specify the government policies regarding profit and pricing adjustments for contracts.
Evaluate the role played by contract auditors.
Use technology and information resources to research issues in cost and price analysis.
Write clearly and concisely about cost and price analysis using proper writing mechanics.
Recent Comments