During its first month of operation, the Rawls Repair Company, which specializes in bicycle repairs, completed the following transactions:Oct. 1   Owner, John Rawls, began business by investing $10,000 in exchange for common stock.Oct. 1   Paid the premium on a one-year insurance policy, $1,200.Oct. 1   Paid the current month's rent, $1,040.Oct. 3   Purchased repair equipment from Conklin Company, $4,400 by signing a 2-year note.Oct. 8   Purchased repair supplies from McKenna Company on credit, $420.Oct. 19    Made partial-payment to McKenna Company, $200.Oct. 20  Paid wages to part-time assistant, $800.Oct. 31   Cash bicycle repair revenue for October, $3,200. Oct. 31   The owner (and sole stockholder), John Rawls, was paid a dividend of $600.Oct. 31 Received a bill for October utilities, $194, to be paid in November.REQUIREMENT #1:Prepare journal entries to record the October transactions in the Journal.REQUIREMENT #2:Post the October journal entries to the T-Accounts and compute ending balances.REQUIREMENT #3:Prepare a trial balance at October 31.REQUIREMENT #4:Prepare Oct. 31 adjusting entries in the Journal using the following information.a) One month's worth of prepaid insurance has expired.b) The remaining amount of repair supplies at month-end is $194.c) The estimated monthly depreciation on repair equipment is $70.d) Unpaid wages at Oct. 31 are $100.Requirement #5:Post your adjustments to the T-accounts and compute adjusted balances. (Just add to the October T-accts.)Requirement #6:Prepare an Adjusted Trial Balance.Requirement #7:Prepare the financial statements for Rawls Repair Company as of October 31:Income StatementRetained Earnings StatementClassified Balance SheetRequirement #8:Prepare the closing entries at October 31 in the Journal.Requirement #9:Post the closing entries to the T-accounts and compute ending balances.  (Just add to the adjusted balances already listed.)Requirement #10:Prepare a post-closing trial balance as of October 31.project123.docx 

CPMGT/300 PROJECT MANAGEMENT PAPERWrite a 1,050- to 1,400-word paper in which you describe a project you have managed personally or professionally. Examples may include a trip you planned, a new product or service developed for your employer, a staff reorganization, and so on.Develop a project overview that addresses the following questions.What were the mission and objectives of the project?What were the high-level tasks or scope of the project?How was the need for the project identified?What was the cost and how was it funded?What was the timeline?Who were the parties involved in the project and what were the roles of each party (team) member?What steps did you establish to ensure the project was a success?How did you measure the success of your project?Overall, how did project management help to make this project a success?Note: This overview should include the elements of a project charter.Format your paper according to APA guidelines.

Option #1: Comprehensive Project CostingPart 1: Restaurants offer a variety of menu items which have different sizes, ingredients, packaging, and demand. In addition, made-to-order restaurants go one step further and may have different renditions of the same menu items based on how a customer orders them. Take for example, Chipotle, for the same price, steak tacos could be “crispy” or “soft”, may have white, brown, or no rice, may or may not contain one of three types of salsa, could have cheese or sour cream or neither, and may or may not have lettuce, black or pinto beans, or other vegetables. Combinations for that one menu item are virtually endless!Profit margins in the restaurant industry are small, and operating costs are high. Good product costing is essential for survival in the business. This project option will allow you to apply your knowledge of product costing to the restaurant industry.Select a nationally recognized fast casual restaurant chain that offers made-to-order menu items, except a restaurant primarily engaged in making pizza. Some examples would be Chipotle Mexican Grill, Five Guys, Noodles & Co., Panera Bread, and Dunkin Donuts.For the restaurant chain you have selected, you will need to research and locate company information, menus, and financial information to assist you with the requirements of this project.Not every chain will have the same financial information available, so it may be necessary to generate your own “fictitious” data in order to complete the required tasks. If you do need to create data, be clear in your computations which data is taken from publicly available information (provide the sources) and which data has been generated by you.Choose 3 menu items from the menu of the restaurant. Familiarize yourself with the products including the ingredients, processing method, general selling price in your area, packaging requirements, and accessories (straw, sweetener, fork/knife, condiments, etc.). Submit your selected restaurant chain to your instructor and write 1-2 paragraphs on your rationalization for selection, noting which portfolio option you selected, in Microsoft Word. In addition, create a chart in Microsoft Word with the 3 menu items that you have chosen and populate it with the data you have researched on each of those items regarding ingredients, variance in preparation, price point, packaging, accessories, and any other relevant information you feel is helpful.Part 2: From the cost information you were able to find or generated on your own, provide responses in Microsoft Excel to the following questions. Reference your calculations to show tracing where numbers come from. (For assistance with Microsoft Excel, please refer to Lynda.com for tutorials.)Compute the cost of each product under the simple/traditional costing method. For period costs, use direct labor hours.Compute the net operating profit margin of each product using the simple/traditional costing method.Compute the total overhead and period cost allocation under activity-based costing (ABC) assumptions for each product.Compute the per unit ABC cost of each product.Compute the net profit margin of each product using the ABC costing method.Compare the net profit margin of the products under the simple/traditional cost assignment and the ABC assignment for each product. Evaluate the difference.In a Microsoft Word document, write an accompanying memo explaining to the CEO what the costing methods are, the differences between the methods, and which method seems to make sense in this scenario. Also include the pros and cons of the method you are recommending, and why you feel the pros outweigh the cons.Your paper should meet the following requirements:Minimally 7-10 pages in length (not including the title page and the reference page).Assignment should follow APA guidelines with respect to use of subheadings, 1” margins, and double spacing.References should include your textbook plus 2 additional credible academic references. All sources used, including your textbook must be referenced; paraphrased and quoted material must have accompanying citations and cited per APA guidelines.Use of CSU Global Library is necessary.