Financial Accounting for managerial Decisions

Statton Furniture Company

Overview of the company

Statton Furniture Company is a manufacturer of unique cherry traditional furniture. Each hand-crafted piece is stamped with the date and identification number of the cabinet maker who built it. The products offered by Statton Furniture Company are unique and highly crafted custom work. The products of Statton Furniture Company are bedrooms, Dining rooms Accent and Occasional (Statton Furniture Company, 2012).

Hence, each product has different cost which varies according to the manufacturing. This paper will focus on the cost that incurred and Production costs and quality. There are two costs which incurred i.e. ...