Determine and discuss the most effective costing method for your organization.
Final Project Paper
Each student should choose an organization with which she/he is familiar, such as the place of employment, business patronized, or other situation, and describe how that organization either does or does not apply the course concepts on a day-to-day basis. The following course concepts should be discussed:
Critical success factors.
Identify and discuss the fixed and variable costs.
Calculate the Contribution Margin Income Statement.
Determine and discuss the most effective costing method for your organization.
Using the IRR and NPV method calculate and determine if the capital budget project is viable project cost $1.5million, project life 10 years and cost of capital 13%, and annual cash flows of $185,000.
Provide a recommendation for the organization.
The written paper is to be: typed double–spaced, 1-inch margins, Times New Roman and 12-point font, a 10-page minimum, with correct spelling and grammar, proper citation, references, with a cover page, and organized with headings.