Assess the financial impact of Company Y's investment in renewable energy projects using process costing.

Requirements:

Calculate fixed costs associated with Company Y's renewable energy production facilities.

Determine variable costs per unit of energy produced using process costing.

Estimate the total cost per renewable energy project (e.g., solar farm, wind turbines).

Analyze profitability and environmental benefits of renewable energy investments.

Recommend strategies to enhance energy production efficiency and sustainability.

Investment Project	Initial Investment ($)	Annual Cash Flows ($)	Project Life (years)
Solar Farm Project	$12,000,000	$2,000,000	10
Wind Turbines Project	$15,000,000	$2,500,000	15