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Assignment - Costing Methods Discussion
Description - Evaluate the case study provided (see document titled Costing Methods listed above) and write a paper between 1,000 and 1,700 words addressing the following questions. Your answers should apply to the company and content incorporated with the case study.
1. You are a recent MBA graduate and were hired by the company as a business consultant. Your objective is to identify areas for improvement. Present three business recommendations to management and state how this will impact the company's financial statements.
2. Why did company management think it was necessary to install an ABC system? Do you agree with their reasoning? Explain your answer.
3. Evaluate and recommend changes to the company's cost drivers. State how this influences cost accounting results and business decision capabilities.
4. Is job order or process costing a viable option for the company. Why or why not?
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