Project 3: Costing and Cost Allocations

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Step2ReviewandPractice.docx

Step 2: Review and Practice

Using the  Project 3 Review and Practice Guide, review EBITDA and cost structures to set LGI on the path toward a sustainable future. Then apply what you have learned by completing the exercises and problems referenced in the  Project 3 Review and Practice Guide.

You must review the guide and do the practice exercises and problems so that you

· are prepared to have informed discussions with your team about LGI’s income statement,

· understand what the cost data reveal about operational efficiency, and

· can use this information to make recommendations for improvements.