BUS 315 COST AND PRICE ANALYSIS ENTIRE COURSE-STRAYER
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BUS 315 Cost and Price Analysis Entire
Course-Strayer
BUS315
BUS 315 Cost and Price Analysis
Full Course-Strayer
BUS 315 Week 1 Discussion 1-Strayer
“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.
BUS 315 Week 1 Discussion 2-Strayer
“Fair Pricing”
Please respond to the following:
- Categorize at least two factors that Vector Cal uses to
determine a fair and reasonable price for the navigation system it is
marketing to the government. Suggest key reasons why these two factors are
important in determining the fair and reasonable prices for Vector Cal’s
navigation systems. Support your response with one example of the
importance of such factors.
- Using the two important factors that you identified in
Part 1 of this discussion, suggest the manner in which the proposed price
is fair and reasonable for the government to pay. Provide a rationale for
your response.
BUS 315 Week 2 Discussion 1-Strayer
“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.
BUS 315 Week 2 Discussion 2-Strayer
“Fixed Price –vs- Cost-Reimbursement”
Please respond to the following:
- Compare and contrast the fixed-price and
cost-reimbursement for the Vector Cal navigation system. Determine which
type of costing mechanism best serves Vector Cal’s needs. Provide a rationale
for your response.
- From the e-Activity, compare and contrast the
characteristics of the federal contact project that you researched with
the contract used during the Vector Cal scenario. Specify which
characteristics you believe to be the most and least important for any
project, and justify your rationale for each.
BUS 315 Week 3 Discussion 1-Strayer
“Price Analysis”
Please respond to the following:
- Examine at least two purposes that price analysis
serves to a company like Vector Cal 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.
BUS 315 Week 3 Discussion 2-Strayer
“Best Use of Price Analysis”
Please respond to the following:
- Examine all of the methods for performing a price
analysis that Vector Cal can use when creating its own price analysis, and
then specify two to three (2-3) price analysis methods that would best
serve Vector Cal’s needs. Explain your rationale.
- From the e-Activity, speculate on key areas where most
companies fall short when conducting price analyses. Suggest two (2)
methods that a company CEO should use in order to reduce price analysis
inconsistencies. Support your suggestion with real-world examples.
BUS 315 Week 4 Discussion 1-Strayer
“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 Vector Cal. Explain your decision
for each classification chosen.
- From first the e-Activity, compare and contrast the
manner in which Vector Cal 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.
BUS 315 Week 4 Discussion 2-Strayer
“Other Costs”
Please respond to the following:
- Determine the differences between overhead costs and G
& A costs in the production of VectorCal’s navigation systems overall.
Analyze the role that each of these types of costs plays in the long-term
production of VectorCal’s navigation systems. Justify your analysis.
- Predict VectorCal’s direct labor cost, direct material
cost, overhead costs, and G&A costs related to production. Next, from
the second e-Activity, provide two to three (2-3) examples of companies
with the same cost structure that you predicted for VectorCal. Speculate
on what the cost structure of the existing companies bodes for the future
of VectorCal.
BUS 315 Week 5 Discussion 1-Strayer
“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.
“Certified Costs”
Please respond to the following:
- Imagine that a contracting office requests certified cost
or pricing data related to your company, VectorCal. Speculate on what
would happen to VectorCal in the long term if the cost or pricing data was
defective or inaccurate. Provide a rationale for your response.
- Predict the manner in which VectorCal would absorb the
certified cost or pricing data expense based on the information presented
in Chapter 5. From the e-Activity, present two to three (2-3) examples of
instances where companies have absorbed the certified cost or pricing data
expenses similarly to your prediction of VectorCal. Speculate on what the
manner in which the existing companies absorbed the certified cost or
pricing data expenses bodes for the future of VectorCal
BUS 315 Week 6 Discussion 1-Strayer
“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.
BUS 315 Week 6 Discussion 2-Strayer
“Work Breakdown Structure”
Please respond to the following:
- Compare and contrast work breakdown schedule (WBS) and
Phase Diagram in terms of appropriateness and effectiveness for the
VectorCal navigation system. Determine which method best serves
VectorCal’s needs. Provide a rationale for your response.
- Suggest two to three (2-3) other methods that VectorCal
could use to obtain labor cost data in anaccurate fashion in addition to
WBS and Phase Diagram. Predict the manner in which VectorCal could use
these methods to decrease the amount of government funds needed.
BUS 315 Week 7 Discussion 1-Strayer
“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.
BUS 315 Week 7 Discussion 2-Strayer
“Direct Costs”
Please respond to the following:
- Examine the methods that VectorCal could use for
estimating the direct costs. Next, specify two to three (2-3) ways in
which VectorCal could control these costs. Explain your rationale.
- Determine the manner in which VectorCal could estimate
the future direct 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 direct costs the most. Justify your
response.
BUS 315 Week 8 Discussion 1-Strayer
“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. Select two to three (2-3)
methods that the businesses in question used for allocating costs for the
analysis of their overhead expenses. Explain your rationale.
- Analyze key ways in which you 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.
BUS 315 Week 8 Discussion 2-Strayer
“G & A Expense”
Please respond to the following:
- Specify several advantages of operating a small
business when it comes to General and Administrative (G&A) expenses.
Determine the single most important advantage that you believe would
benefit the small-business owner the most. Explain your answer.
- Compare and contrast the G&A expense from a large
company and a smaller company. Determine which characteristics you believe
are the most important for both large and small companies. Justify your
response for each.
BUS 315 Week 9 Discussion 1-Strayer
“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.
BUS 315 Week 9 Discussion 2-Strayer
“Procedures of FCCOM”
Please respond to the following:
- Describe two to three (2-3) circumstances in which
facilities capital costs of money is an allowable cost. Determine the
single most significant advantage of having facilities capital costs as an
allowable cost under the circumstances you described. Support your
response.
- Determine two to three (2-3) possible factors that
could make facilities capital costs of money unallowable based on the
information presented in Chapter 9. Present two to three (2-3) examples of
instances where companies have made facility capital costs of money
available.
BUS 315 Week 10 Discussion 1-Strayer
“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.
BUS 315 Week 10 Discussion 2-Strayer
“NASA”
Please respond to the following:
- Analyze the methods used by NASA in its structured
profit approach, and speculate on how VectorCal could possibly use the
same structured profit approach with their manufacturing operations.
Support your analysis with examples of such an approach.
- Take a position on whether or not companies benefit
from using a structured profit approach to calculate their profits.
Provide an explanation of your position with at least two examples or
scenarios of the use of such an approach.
BUS 315 Week 11 Discussion 1-Strayer
“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.
BUS 315 Week 11 Discussion 2-Strayer
“Looking Forward”
Please respond to the following:
- Speculate on what technology might be able to do in 15
years to improve the contracting process.
- Hypothesize whether contracting with the government
will be easier or more difficult in the future. Provide a rationale for
your answer
BUS 315 Proposal Week 3 Assignment 1-Strayer
Click the link above to submit your
assignment.
Students, please view the “Submit a Clickable
Rubric Assignment” in the Student Center.
Instructors, training on how to grade is
within the Instructor Center.
Assignment 1: Proposal
Due Week 3 and worth 150 points
Note: Refer to scenarios and readings from previous weeks in
order to complete this 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 your determination.
- Suggest the semi-variable, allocated, and indirect
costs that you should address in the startup phase of your company.
Provide a rationale to support your 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:
- Be typed, double spaced, using Times New Roman font
(size 12), with one-inch margins on all sides; citations and references
must follow APA 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.
BUS 315 Price Analysis for the Navigation
System Assignment 2-Strayer
Assignment 2: Price Analysis for the
Navigation System
Due Week 4 and worth 150 points
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 US
government.
- Determine reasonable, allowable, allocable, variable,
fixed & semi-variable costs for your company after the initial startup
phase is complete.
- Predict the method for performing price analysis that
the US government will want from your new company and VectorCal. Justify
your 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:
- Be typed, double spaced, using Times New Roman font
(size 12), with one-inch margins on all sides; citations and references
must follow APA 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.
Click
.strayer.edu/bbcswebdav/institution/BUS/315/1138/Week4/Assignment%202%20Grading%20Rubric.html”
title=”Week 4 assignment 2 grading rubric”>here to view the grading rubric.
BUS 315 Buy American Requirements Assignment
3-Strayer
Click the link above to submit your
assignment.
Students, please view the “Submit a Clickable
Rubric Assignment” in the Student Center.
Instructors, training on how to grade is
within the Instructor Center.
Assignment 3: Buy American Requirements
Due Week 6 and worth 240 points
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 six to eight (6-8) page paper in which
you:
- Specify the main points of the Buy American
Requirements in one page or less.
- Determine the substantive means by which the Buy
American Requirements would benefit both VectorCal and your new company.
Provide a rationale for your response.
- Analyze the fundamental ways in which the Buy American
Requirements are contradictory to a capitalistic ethos, given that the
U.S. government claims to promote competition and the U.S. espouses a free
market ideology (i.e., capitalism). Support your answer with two examples
of such a contradiction.
- Debate whether or not you believe that the exceptions
to the Buy American Requirements set forth by the government are fair and
advantageous to the US economy. Provide a rationale for your response.
- Determine the key advantages and disadvantages of using
the Buy American Requirements with the navigation system that both
VectorCal and your company produce. Justify your 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:
- Be typed, double spaced, using Times New Roman font
(size 12), with one-inch margins on all sides; citations and references
must follow APA 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 how to validate costs and certify cost and
pricing data.
- Specify the government policies regarding profit and
pricing adjustments for contracts.
- 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.
BUS 315 Analysis of Direct Costs Assignment
4-Strayer
Click the link above to submit your
assignment.
Students, please view the “Submit a Clickable
Rubric Assignment” in the Student Center.
Instructors, training on how to grade is
within the Instructor Center.
Assignment 4: Analysis of Direct Costs
Due Week 8 and worth 150 points
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 your 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 your
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 your 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:
- Be typed, double spaced, using Times New Roman font
(size 12), with one-inch margins on all sides; citations and references
must follow APA 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.
BUS 315 Federal Contracting Activities and
Contract Types Assignment 5-Strayer
Click the link above to submit your
assignment.
Students, please view the “Submit a Clickable
Rubric Assignment” in the Student Center.
Instructors, training on how to grade is
within the Instructor Center.
Due Week 10 and worth 240 points
Note: Refer to scenarios and readings from previous weeks in
order to complete this assignment.
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 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-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 your 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:
- Be typed, double spaced, using Times New Roman font
(size 12), with one-inch margins on all sides; citations and references
must follow APA 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.
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