For this component, you will prepare a four-to-five-page written report (includi

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For this component, you will prepare a four-to-five-page written report (including thespreadsheets, which should be incorporated into your paper), with at leastthree scholarly sources using the Unit II ProjectTemplate.You will create a report based on the premisethat you want to establish a cookie business that sells only one type ofspecialty cookie with two employees. Your report will provide the followinginformation:•Introduction (Part 1)o Create a name and establish a locale for the business.o Construct a mission statement.o Decide on the type of cookie you want to sell.• Costingand Sales Information, Production of 1,000 cookies (Part 2)o Estimate and explain the costs per cookie based on job ordercosting. Prepare a job order cost sheet byresearching the pricing for thesetop five ingredients: butter, sugar, vanilla, flour, chips/add-ins. Manufacturing overhead is30% of direct labor costs. It will take two employeesworking two days to make 1,000 cookies.o For process costing, you will examine the costs per 1,000cookies looking at these top three processes (departments): Mixing, Add-ins,and Packaging. The Mixing Department willbe examined in depth.• Materials will be added at thebeginning of the process.• The cookies will be in the Mixing Department for a total of eighthours; however, the cookies will only be 40% complete before they aretransferred to the Add-insDepartment. (Use this % for conversion costs.)o Using the job-order costingsystem, determine the costs and sales price of your cookies.•Differences between two-process cost systems (Part 3)o Compare and contrast the cost methods examined in this project.Discuss using the information created, which costing method in this example,gives more complete costing information, and why.o Discuss product costs andconversion costs and their importance in both costing systems.• Variancesin production – Costs and Revenues (Part 4)o Examine the variances in both the job order costing and processcosting (for the Mixing Department only) systems if the number of your cookieswas to decrease to 500 cookies or increase to 1,500 cookies.o Examinethe effect on revenue these two variances in production would have.• Conclusion (Part 5)Use the Unit II CookieProject Spreadsheet Templates for your costing systems andembed them into your case study document.For yourpaper, be sure to use APA formatting throughout, and reach out to the WritingCenter or the CSU Online Library for assistance with research, writing, andformatting. Include at least two of the three resources from the CSU OnlineLibrary or academic/scholarly sources in your report.