Description
The firm being researched is Performance Food Group.
Instructions
Open the most recent 10-K (annual report). See instructions below on how to access SEC filings.
Type up your answers and include links to the annual (10-K) report as well as links to any other resources used.
Please do not put any personal information (like you name or student ID) on your submissions.
Provide answers to the following questions:
1. (200 – 400 words) Introduce the firm. Describe the main products and/or services the company provides. Discuss anything else you believe is important for understanding the business environment in which the firm operate.
Tip: Refine your firm introduction. Use insights from the creations you evaluated. Include information that will help your evaluators better understand your answers to the remaining questions.
2. (up to 400 words) Consider one of the products your firm offers and provide one example of each of the following cost categories. Make sure to explain the cost object(s) you are considering in your answer. You can speculate if there is no information in your 10-K, but your example cost should make sense for your company. Provide explanations as needed:
- Direct material
- Indirect material
- Direct labor
- Indirect labor
- Other manufacturing overhead
- Period cost (more specific than “SG&A” or “Other”)
3. (up to 400 words) Contrast two cost drivers the firm could use for manufacturing overhead allocation under job costing (pros and cons). Present and explain at least three considerations for each cost driver.
How to access SEC filings
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Visit the Security and Exchange Commissions (SEC) website:
www.sec.gov
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Click on Flings and then ?
Edgar – Search & Access
? -
Select ?
EDGAR full text search
? (from the column on the left) and look up the company you were assigned. This search should result in a list of all the documents the company filled with the SEC over the last five years. -
Search for the most recent annual or quarterly report the company filled. To do so, you can use the Filing category option: Under filling category, click on ?
All annual, quarterly, and current reports
?. Open the most recent
10-K (annual report)
.
