REAL WORLD APPLICATION: COST MANAGEMENT AND COST SYSTEMS ASSIGNMENT INSTRUCTIONS OVERVIEW This assignment provides students with an opportunity to utilize their knowledge of cost management tools and

REAL WORLD APPLICATION: COST MANAGEMENT AND COST SYSTEMSASSIGNMENT INSTRUCTIONSOVERVIEWThis assignment provides students with an opportunity to utilize their knowledge of costmanagement tools and cost systems by applying a specific cost technique / concept to a selectedorganization. Students will combine knowledge obtained from the textbook and peer-reviewedjournal articles in applying the selected technique / concept to the organization and showing howit improves / impacts the organizations strategic allocation of financial resources.INSTRUCTIONSSelect a technique/concept regarding Cost Management and Cost Systems 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 theselected technique/concept would be applied to that particular business in its strategic allocationof financial resources. Your paper must be in current APA format and must include referencesfrom at least 7 peer-reviewed journal articles. The paper must be at least 5–7 pages, not includingthe title page and reference page.Note: Your assignment will be checked for originality via the Turnitin plagiarism tool.