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.
