Traditional and Activity Based Costing Project
After reading the project i attached in the files below. Answer 5 parts:
a. briefly discuss the advantages and disadvantages of the traditional single plantwide rate costallocation, and activity-based costing.
b. Using activity-based costing concepts, what overhead costs should be assigned to the twoproducts?
c. What is the unit cost of each product using activity-based costing concepts?
d. Reevaluate the president’s concern about the profitability of the two product lines.
e. Discuss the merits of activity-based management as it relates to CarryAll’s ABC cost system.

Notes: Your report must be submitted in Word in the following format,
1. Cover page (project title, your name, email, and submission date).
2. In the main text, first list the required question in bold, and then type in your answers, including models, tables, detailed explanations and discussions.
3. All text in the report should be in 12-point Times Roman font and 1.5 spaced.
Your project paper will be graded based on both the correctness of your answers and the writing of the report. For example, are you providing detailed explanations of the concept and model? Are you giving detailed discussions of the results?
Project Report Rubrics

Criterion

Strong

Average

Weak

Identification of Main Issues/Problems

Identifies and demonstrates a sophisticated understanding of the main issues/problems in the case study.

Identifies and demonstrates an accomplished understanding of most of the issues/problems.

Identifies and demonstrates acceptable understanding of some of the issues/problems in the case study.

Analysis and Evaluation of Issues/Problems

Presents an insightful and thorough analysis of all identified issues/problems; includes all necessary calculations.

Presents a thorough analysis of most of the issues identified; missing some necessary calculations.

Presents a superficial or incomplete
analysis of some of the identified
issues; omits necessary calculations

Recommendations
on Effective Solutions/Strategies

Supports diagnosis and opinions with strong arguments and well documented evidence; presents a balanced and critical view; interpretation is both reasonable and objective.

Supports diagnosis and opinions with limited reasoning and evidence; presents a somewhat one-sided argument; demonstrates little engagement with ideas presented.

Little or no action suggested and/or inappropriate solutions proposed to the issues in the case study.

Writing Mechanics and
Formatting Guidelines

Demonstrates clarity, conciseness and correctness; formatting is appropriate and writing is free of grammar and spelling errors.

Occasional grammar or spelling errors, but still a clear presentation of ideas; lacks organization.

Writing is unfocused, rambling, or contains serious errors; poorly organized and does not follow specified guidelines.