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Attached is previous assignment completed and case studies needed to assist with cost classification.Overview-Cost Classifications and Volume Based Costing This assignment continues with your analysis of your company, Superstar Solar, 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 in the Introduction of New Solar Company Assignment where you discussed SolarCal and your company, as well as the scenarios and readings from previous weeks. · Refer to the rubric for this assignment to become familiar with how your paper will be graded. · Note: It is essential that you review your case analyses when completing this assignment.  . Week 4 Case Analysis: Cost Classifications and Direct and Indirect Costs [DOCX] . . Week 5 Case Analysis: Obtaining Cost and Pricing Data [DOCX] . . Week 6 Case Analysis: Analysis of Direct Labor Costs [DOCX] . This assignment continues with your analysis of your company, Superstar Solar, 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 in the Introduction of New Solar Company Assignment where you discussed SolarCal and your company, as well as the scenarios and readings from previous weeks. · 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 to complete this assignment. · Note: It is essential that you review your case analyses when completing this assignment.  . Week 4 Case Analysis: Cost Classifications and Direct and Indirect Costs [DOCX] . . Week 5 Case Analysis: Obtaining Cost and Pricing Data [DOCX] . . Week 6 Case Analysis: Analysis of Direct Labor Costs [DOCX] . Instructions Write a 2–3-page paper in which you: 1. Analysis of Superstar Solar, Inc.’s Cost Classifications . Analyze and provide examples in detail of the following cost classifications for your company. . Reasonable costs. . Allowable costs. . Allocable costs. · Analysis of volume-based costs · Analyze and provide detailed examples of how the following costs change depending on volumes produced by Superstar Solar, Inc. . Fixed costs. . Variable costs. . 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 . Comparison of proposed prices. . Comparison of market-based prices. . Comparison of prior proposed prices. · Use at least three quality resources in this assignment. Note: WikBUS315 Week 4 SolarCal Case Analysis Cost Classifications and Direct and Indirect Costs Participants: Sally- Intern Dominic- CEO of SolarCal Luke- Head of Productions Jake- Head of Accounting/Finance Melissa- Head of Government Contracting Dominic: Good morning Sally! How did everything work out with your job shadowing of Jake? Sally: Good morning to you too! I had another very productive week working with Jake; he was very knowledgeable in the field of production processes. I also really enjoyed using the tablet he gave me to go through the major components of what his department does. I thought it was very helpful and allowed me to really focus on all of the different concepts he was covering. Dominic: I’m glad to hear that you and Jake worked well together! Jake is a very valuable resource for us here at SolarCal and I’m happy he provided you with lots of information about some of our day-to-day operations and the industry as a whole. This week you will be working with Jake again, only this time you will be learning about different cost classifications. I feel that these cost classifications are very important for you to understand because they go hand in hand with our production processes. By learning about these cost classifications you will really get a good foundation for how things work in our company. Sally: That sounds great! I’m excited to work with Jake again and maybe I will even get to use one of his tablets again! Dominic: Good morning Jake! I have brought Sally back to you to be a part of the special project you are working on. She needs to first learn about the different cost classifications. Can you get Sally up to speed on this information? Jake: Sure thing Dominic! I have another presentation put together for Sally to follow along with. Dominic: That is great! Thank you so much Jake! Sally, enjoy your time with Jake and we will talk later about you accomplishments this week. Take care! Jake: As Dominic mentioned, we have a special project we are working on and I need to get you up to speed with some key concepts that we will be referencing. Before we get started, grab a tablet and load the presentation I created for this week. Sally: I’m all good to go! Jake: Fantastic! Let’s begin! Jake: Sally, what can you tell me about cost accounting? Sally: Cost accounting is a procedure, which enables firms to keep track of the costs that apply to each individual contract or major task they undertake. I recall reading that some forms of cost accounting are used by firms who are reasonably well established. Jake, how do you think cost accounting is used by these firms? Jake: That’s a great question! Cost accounting is used by firms in a variety of different ways such as estimating the cost of work before undertaking a project and tracking the costs incurred for doing specific work tasks. Please keep in mind though that under some conditions, the government is vitally interested in the adequacy ofBUS315 Week 5 SolarCal Case Analysis Obtaining Cost and Pricing Data Participants: Sally- Intern Dominic- CEO of SolarCal Luke- Head of Productions Jake- Head of Accounting/Finance Melissa- Head of Government Contracting Dominic: Welcome back again Sally! I hope you had another positive experience with Jake last week! Sally: Thank you Dominic and yes Jake and I went over quite a lot of information last week pertaining to cost classifications used in his department. Dominic: I’m glad to hear you had another great experience and learned even more about several key concepts related to the production field. This week I will be assigning you to work with Luke. Like Jake, Luke is another great resource for information about our company and the industry as a whole. The main theme for this week’s lesson with Luke will revolve around cost and pricing data. Please pay attention to what Luke goes over with you this week as I will be asking you to participate in a project later down the line that uses these concepts. Sally: I’m really excited to get started and will definitely take notes on what Luke goes over. Dominic: I’m glad to hear that, let’s now make our way down to Luke’s office. Dominic: Good morning Luke! I have brought Sally here today to work with you on a special cost and pricing project we just got involved with. Can you work with Sally and educate her on the key concepts she needs to learn in order to work on this project? Luke: I would be delighted Dominic! Let me just get a few things in order first then Sally and I will begin our lesson. Dominic: Thank you Luke! I will talk with you later Sally, you are in good hands for now. Sally: Thank you both for your time! Luke: First off nice to meet you again Sally and I hope you are ready to learn about some exciting topics. You may not know this Sally but my department is where the heart and soul of SolarCal resides! We are the reason SolarCal is so successful, with our painstaking practices of clean environments coupled with high quality detail orientated product staff. Sally: This is fantastic! I definitely noticed when I came into your office that there was a lot going on and I remember seeing several staff members draped in white jumpsuits. Your department must really pay attention to detail and promote cleanliness. Luke: I’m glad you observed this Sally. You are very correct, in my department we pay very close attention to detail and have our staff wearing these white jump suits to promote cleanliness while working on our solar panels. I bet you didn’t know that our defect rate is less than point zero one percent for all units built. In the past eight years we have tested all of our solar panel systems created here and not a single defective solar panel system has departed from this floor to our very important customers. Sally: Wow those are really amazing statistics for such a high tech device that is created. I want to thank you again for making tBUS315 Week 6 SolarCal Case Analysis Analysis of Direct Labor Costs Participants: Sally- Intern Dominic- CEO of SolarCal Luke- Head of Productions Jake- Head of Accounting/Finance Melissa- Head of Government Contracting Dominic: Welcome back again Sally! I hope you had a very productive week and learned a lot while working with Luke last week! He is very knowledgeable in his field and is truly an asset to our team. Sally: Thanks Dominic! Luke and I worked really well together, and we went over quite a bit of information pertaining to cost and pricing data in his department. I took a lot of notes and several of the key points we went over. Dominic: I’m glad you learned a lot from Luke and have some notes to go back to regarding the key concepts you learned. I hope you are ready to complete another portion of the project I have assigned you. You will again be working with Luke this week; I need him to cover a few more concepts involving direct labor costs. Be sure to take some more notes and pay attention to what Luke goes over with you. The concepts discussed this week will really assist you with this big project we are working on. As far as the project goes, I can’t really go into details at this point since we are really trying to keep this project under wraps for now. However, I can assure you that this project will be large and very time consuming. Sally: I am excited to be working with Luke again. I have my pen and paper ready to take notes while I go over this week’s materials with Luke. I am very interested to see what this big project is all about and I will do my best to be prepared for when the project is ready to go under way. Dominic: I’m glad to hear that and I love your enthusiasm. We are lucky to have you assist us with this project when it begins; you have accomplished so much during your stay with us! Now let’s now make our way back down to Luke’s office. Dominic: Good morning Luke! I have brought Sally back to you for the week. I will need you to go over some more concepts related to direct labor. As I told you and the rest of the staff, we are looking to undertake a huge project and I need everyone to be on the same page. Luke: I completely understand Dominic. I will make sure to get Sally up to speed with some other key concepts she may need to know. Sally, I hope you’re ready for another great week together. I have so much for us to do! Sally: It is my pleasure to be working with you again Luke! I am ready to get started and am truly excited to learn even more from you! Dominic, I think I am in good hands and I will report back to you next week. Thanks again for helping me prepare for this upcoming project; I feel that at the end of this internship I can be a real asset to this project you have been discussing. Dominic: Thanks again Luke and thank you Sally for being so flexible. Trust me, all of your hard work will pay off at the end. Good luck and I look forward to talking with you next week. Running head: Solar Technology Company 1 Solar Technology Company 5 Solar Technology Company Institution: Student’s name: Date: Superstar Solar, Inc. The company was formed to fulfil the needs of a market gap where there has been limited number of solar product and services suppliers who offer their products at an affordable prices. This was attained through ensuring the company offers a wide variety of products at the most convenient terms. Also, the company was formed with an aim of bringing in high quality products and most updated products based on the needs of the target market. This is as a result of presence of diverse customer and market needs that needs attention through providing customized products. The needs of the market were identified through a continuous market survey over a long period of time until a clear market status was determined (Wang & Li, 2018). The mission of the company is to improve the lives of the members of the society through providing reliable and affordable solar solutions. With the increased need of protecting the environment and ensuring there is optimal use of resources, the company serves the ultimate purpose of building a better and more reliable environment. The vision of the company is to become the market leader in offering solar solutions. This is attained through ensuring the global community understands the unique product and service offer by the company. The company aims at setting the pace in terms of quality of products and services as well as competitive strategies such that other market players can follow the path in making the world a better global society to live in. The company solar power products include solar panel systems where the company sells the systems to both private individuals and institutions based on the level of need of the target customers or clients. Also, the company offers green technology solutions through developing effective systems that can be relied upon by individuals and There are three major personnel in the company. One of the personnel od the production manager who oversees the production processes and ensuring the output meets the quality standards of the products. Another personnel is the public relations manager whose role is ensuring the brand maintains a positive and resourceful relation with the target market (Lin et al, 2020). The target client base is the entire world where the company aims at expanding the market to the entire world. This is to be attained through partnership and direct export based on the needs of the target market. SolarCal The need to create a unique provider of solar solutions was the main driving force to establishing the SolarCar Company. There has been a lack of affordable solar products and services in the market, so the company was established to fill that void. To achieve this, the company ensured that it had a wide range of products available at the most reasonable prices possible. In addition, the company was e