Real World Application: Cost Management and Cost Systems Assignment Instructions
This assignment provides students with an opportunity to utilize their knowledge of cost management tools and cost systems by applying a specific cost technique / concept to a selected organization. Students will combine knowledge obtained from the textbook, peer-reviewed journal articles, and the Discussion: Cost Management and Cost Systems in applying the selected technique / concept to the organization and showing how it improves / impacts the organizations strategic allocation of financial resources.
Select 1 of the 2 techniques/concepts discussed in your Discussion: Cost Management and Cost Systems thread and develop a real-world application paper. Select a company that you work for now or have worked for in the past, or a company in your community of which you have sufficient knowledge. Show how the selected technique/concept would be applied to that particular business in its strategic allocation of financial resources. Your paper must be in current APA format and must include references from at least 7 peer-reviewed journal articles. The paper must be at least 5–7 pages, not including the title page and reference page.