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Write a 2–3 page paper in which you: Analysis of Universal Drones, Inc

Business

Write a 2–3 page paper in which you:

  1. Analysis of Universal Drones, Inc.’s Cost Classifications
    • Analyze and provide examples in detail of the following cost classifications for your company.
      • Reasonable costs.
      • Allowable costs.
      • Allocable costs.
  2. Analysis of volume based costs
    • Analyze and provide detailed examples of how the following costs change depending on volumes produced by Universal Drones, Inc.
      • Fixed costs.
      • Variable costs.
      • Semi-Variable costs.
  3. Pricing Analysis by the government
    • Assuming that a firm fixed price contract will be awarded, discuss the following pricing methods and indicate which one the government will probably choose. Also indicate how your company will ensure that the prices will be reasonable for the government. Remember to provide a rationale for each of these costs
      • Comparison of proposed prices.
      • Comparison of market based prices.
      • Comparison of prior proposed prices.
  4. Use at least three quality resources in this assignment. Note: Wikipedia and similar websites do not qualify as quality resources.
  5. The Strayer University Library is a good source for quality resources.

Your assignment must follow these formatting requirements:

  • This course requires the use of Strayer Writing Standards. For assistance and information, please refer to the Strayer Writing Standards link in the left-hand menu of your course. Check with your professor for any additional instructions. 

The specific course learning outcome associated with this assignment is:

  • Examine cost classifications, cost considerations, and price analysis methods for a new company.

Student Notes: • • • The below is an outline for you to follow for your assignment. Refer to the rubric for this assignment to become familiar with how your paper will be graded Refer to scenarios and readings from previous weeks in order to complete this assignment. This assignment continues with your analysis of your company, Universal Drones, Inc., and their different types of costs. Being discussed are various Cost Classifications and Volume Based Costs. You will finish this assignment by discussing different pricing methods that the Government can consider. In order to complete this assignment, refer to the scenario from Assignment 1 where you discussed VectorCal and your company, as well as to the scenarios and readings from previous weeks. As indicated, follow the below template to complete your assignment Assignment 2 – Price Analysis for the Drone Navigation System by VectorCal and Universal Drones Inc. Students Name BUS 315 – Cost and Price Analysis Professors Name Date of Submission 2 Introduction Analysis of Universal Drones, Inc.’s Cost Classifications • Discuss, Analyze and provide examples in detail of the following Cost Classifications for your company. o Reasonable Costs o Allowable Costs o Allocable Costs Analysis of Volume Based Costs • Discuss, Analyze, and provide examples in detail how the following costs change depending on volumes produced by Universal Drones, Inc. o Fixed Costs o Variable Costs o Semi-Variable Costs Pricing Analysis by the Government • Assuming that a firm fixed price contract will be awarded, discuss the following pricing Methods and indicate which one the Government will probably choose. Also indicate how your company will ensure that the prices will be reasonable for the Government. Remember to provide a rationale for each of these costs o Comparison of Proposed Prices o Comparison of market based prices o Comparison of Prior Proposed prices 3 Conclusion Summarize your findings. 4 Sources Note: Use at least three (3) quality resources in this assignment. Keep in Mind: Wikipedia and similar Websites do not qualify as quality resources. 1. Follow the Credit to Authors and Sources Guidelines found in the Strayer Writing Standards (SWS).

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