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The Accounting Education Change Commission has emphasized the need for students to be active participants in the learning process. This paper describes an activelearning exercise that provides a familiar and fun setting to serve as a backdrop for explaining basic cost accounting concepts. The exercise simulates a manufacturing process where two products are produced by teams of students. Student teams then identify costs, classify costs and experience the process of determining product cost. First, students cost products using a method used by the company. Later, students are challenged to develop a better method for determining product costs. Finally, students must advocate for the most appropriate method to be used. This exercise is a useful contribution to an introductory cost or management accounting course because it provides a clear, simple manufacturing and costing process using readily available office materials to complete the exercise. It also provides a common learning experience on which to base future discussions of budgeting and variance analysis.

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