PART 1: In this section of the report, your job is to explain cost accounting and what skills you can bring to the company. The CFO feels you should include an overview of what cost management is and some of its applications. Be sure to discuss the opportunities available in the cost accounting and how it relates to corporate strategy. This section of your report should be approximately two pages in length.
PART 2: In this section of the report, you are asked to classify the product costs for the production of toka balls. Classify each cost as:
- fixed or variable
- direct or indirect