Project cost accounting Using any company name

Overview of Cost Estimating Cost estimating is the practice of forecasting the cost of completing a project with a defined scope. It is the primary element of project cost management, a knowledge area that involves planning, monitoring, and controlling a project's monetary costs. In the light of this, create a project cost estimating for your suggested company, summarizing of all the costs involved in successfully finishing a target project, from inception to completion (project duration). Types of costs to consider Beyond the broad classifications of direct and indirect costs, project expenses fall into more specific categories. Common types of expenses include: Labor, Materials, Equipment Services, Software, Hardware, Facilities, Contingency costs. Moreover, - Identify the mission and the vision of your company - Calculate (a) contribution margin and (b) operating income (c) the breakeven point (graph methods) and output level needed to achieve a target operating income (d) operation leverage. (e) Sales Mix in Units