Each student should choose an organization with which she/he isfamiliar, such as the place of employment, business patronized, orother situation and describe how that organization either does ordoes not apply the course concepts on a day-to-day basis. Thefollowing course concepts should be discussed:
- The Balance Scorecard Critical success factors.
- Identify and discuss the fixed and variable cost.
- Calculate the Contribution Margin Income Statement
- Determine and discuss the most effective costing method foryour organization.
- Using the IRR and NPV method calculate and determine if thecapital budget project is viable project cost $950,000, projectlife 7 years and cost of capital 12% and annual cash flows of$210,000.
- Provide a recommendation for the organization