This assessment task requires you to gather, record and analyse operating costs and data, prepare cost reports and budgets, and calculate the costs of products, services and other organisational activities, for an organisation you work for, have access to or a simulated organisation. The task requires to to: gather and record operating and cost data in accordance with organisational policy and procedures determine cost and operating standards for a costing system analyse data and assign costs to comply with organisational procedures prepare a range of cost reports and budgets to meet management information requirements analyse variances against budget and standards recommend changes to cost and activity standards recommend further actions required resulting from review process review integrity of costing systems. Compile the relevant data and analyse the generated information to produce a report including: Title Intended Audience Report Author Date Subject report heading Summary of collected data Sub-headings Recommendations appendix