Project #195962 - financial 530 1

General Tutors

Subject General
Due By (Pacific Time) 08/12/2017 12:00 am

·       Discussion

Choose one of the options below.

Option 1)  Consider your current organization, describe how costing is used or could be used to better understand the financial breakdown of products and/or services delivered. Would this information support you in your current role and/or aspired-to role? Have you seen instances where costing is not used effectively or could be better leveraged? 

OR

Option 2)  Identify a significant cost within your department. Identify the following:

·       Whether the cost behavior is fixed, variable, or semi-variable Identify whether the cost traceability is direct materials, direct labor, or overhead. 

·       To what extent is this cost controllable by your department? 

·       How does your department track the cost and try to optimize it? 

·       Would you recommend any changes to the management of the costs?

Initial response due by Wednesday midnight CST, and 2 peer responses by Sunday.

  

·       Learning Journal

(Due: Sunday, Midnight of Week 6)

Summarize the most important concepts and approaches you have learned this week. Provide at least one concrete example of how you will apply a key principle or idea in your workplace or professional life.

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