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Criteria
Exemplary
Proficient
Needs Improvement
Not Evident
Criterion Score
Statement of Cost of Goods Sold
35 points
Prepares the statement of cost of goods sold, with no errors; shows work through calculations or formulas
29.75 points
Prepares the statement of cost of goods sold, with minimal errors
19.25 points
Prepares the statement of cost of goods sold, with significant errors
0 points
Does not attempt criterion
Score of Statement of Cost of Goods Sold,/ 35
Income Statement
35 points
Prepares the income statement and calculates net income, with no errors; shows work through calculations or formulas
29.75 points
Prepares the income statement and calculates net income, with minimal errors
19.25 points
Prepares the income statement and calculates net income, with significant errors
0 points
Does not attempt criterion
Score of Income Statement,/ 35
Variance Analysis: Data Table
10 points
Completes the data table for variances, with no errors; shows work through calculations or formulas
8.5 points
Completes the data table for variances, with some errors
0 points
N/A
This level is not applicable for grading of this criterion.
0 points
Does not attempt criterion
Score of Variance Analysis: Data Table,/ 10
Variance Analysis: Variances
10 points
Determines all variances for both direct labor and direct materials; shows work through calculations or formulas
8.5 points
Determines most variances for direct labor and direct materials
0 points
N/A
This level is not applicable for grading of this criterion.
0 points
Does not attempt criterion
Score of Variance Analysis: Variances,/ 10
Variance Analysis: Significance
10 points
Correctly evaluates all variances as favorable or unfavorable
8.5 points
Correctly evaluates most variances as favorable or unfavorable
0 points
N/A
This level is not applicable for grading of this criterion.
0 points
Does not attempt criterion
Score of Variance Analysis: Significance,/ 10
Total
Score of ACC 202 Milestone Three Rubric,/ 100
Overall Score
Exemplary
86 points minimum
Instructors should not modify this row (it will automate from the scores above). This score represents the average evaluation across all rubric criteria.
Proficient
56 points minimum
Instructors should not modify this row (it will automate from the scores above). This score represents the average evaluation across all rubric criteria.
Needs Improvement
1 point minimum
Instructors should not modify this row (it will automate from the scores above). This score represents the average evaluation across all rubric criteria.
Not Evident
0 points minimum
Instructors should not modify this row (it will automate from the scores above). This score represents the average evaluation across all rubric criteria.
