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iRubric: Managerial Accounting - Group Project Rubric

iRubric: Managerial Accounting - Group Project Rubric

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Managerial Accounting - Group Project Rubric 
This rubric defines the criteria on which your group project will be evaluated. As you prepare your project, keep these requirements in mind to assure your group's maximum performance.
Rubric Code: Y22857B
Ready to use
Public Rubric
Subject: Accounting  
Type: Project  
Grade Levels: (none)

Powered by iRubric Managerial Acctg - Group Project
  Poor

(N/A)

Acceptable

(N/A)

Excellent

(N/A)

Introduction

INTRODUCTION

Poor

Students fail to include an attractive introduction of the project



0.5 Points
Acceptable

Students averagely construct the introduction of the business



1 Points
Excellent

Students excellently construct the introduction of the business


2 Points
Product Description

Poor

Students do not elaborate the product description in detail




0.5 Points
Acceptable

Students elaborate the product description averagely. Missing one or two components




1.5 Points
Excellent

Students elaborate the product description excellently.



3 Points
Management Structure

Poor

Students do not include proper management structure



0.5 Points
Acceptable

Students include management structure but missing organization chart or incomplete information.


1.5 Points
Excellent

Students include complete management structure



3 Points
Office Manufacturing Layout

Poor

Students do not include the office and manufacturing department layout.

0.5
Acceptable

Students include the office and manufacturing department layout but missing some information

1.5
Excellent

Students completely include office and manufacturing layout.


3
Purpose of Budgeted Manufacturing Costing

Poor

Students do not elaborate the purpose of doing this project.



0.5
Acceptable

Students elaborate on the purpose of doing this project average.



1.5
Excellent

Students elaborate on the purpose of doing this project excellently



3
Findings

Poor

Students do not clearly explain the findings


0.5
Acceptable

Students averagely explain the findings


1
Excellent

Students excellently explain the findings


2
Direct Material

Poor

Students do not list all the Direct MAterials used in the production completely.


1
Acceptable

Students list all the Direct MAterials used in the production but missing important information, picture, pricing.

3
Excellent

Students list all the Direct MAterials used in the production completely.


5
Direct Labor

Poor

Students do not show details of direct labor costs.


1
Acceptable

Students show the Direct Labor Cost calculation but missing important figures/ incomplete information.

3
Excellent

Students show the Direct Labor Cost excellently without error.


5
Manufacturing Overhead Cost

Poor

Students do not show details of Manufacturing Overhead Costs


1
Acceptable

Students show the Manufacturing Overhead Cost calculation but missing important figures/ incomplete information.
Excellent

Students show the Manufacturing Overhead Cost excellently without error.
Cost of Goods Manufactured Statement

Poor

Students prepare the Cost of Goods Manufactured Statement, but more than 3 missing or incomplete information. No Tittle

2
Acceptable

Students prepare the Cost of Goods Manufactured Statement, but 2 -3 missing or incomplete information.

5
Excellent

Students prepare the Cost of Goods Manufactured Statement, completely without error.

10
Markup

Poor

Students do not calculate the mark-up or done it without explanation.

0.5
Acceptable

Students include mark-up without further explanation

2
Excellent

Students include mark-up with attractive elaboration.
Conclusion

Poor

Students do not include nice concluding remarks, missing information.


0.5
Acceptable

Students include concluding remarks but there are gaps in the conclusion part.


1
Excellent

Students conclude the project successfully by including the mission, vision, contribution to society.

2
Format

Poor

Missing more than 2 in the format:

1. Cover page
2. Business logo
3. Acknowledgment
4.Page number
5. Correct font size, justify
6. Reference
7.Appendixes with picture

0.5
Acceptable

Missing 1 detail in the format:

1. Cover page
2. Business logo
3. Acknowledgment
4.Page number
5. Correct font size, justify
6. Reference
7.Appendixes with picture

1
Excellent

Completely follow the report format.




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