Develop an 8-slide presentation regarding costing methods.

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Develop an 8-slide presentation regarding costing methods.

Develop an 8-slide presentation regarding costing methods as related to the scenario in Exercise 19-7, which all team members completed in WileyPLUS. Include the following:

  • Recommend a costing method in choosing between variable or absorption costing.  Explain the team’s decision.
  • Explain the benefits of each of the two methods.
  • Determine which method would lead to the best decision when a competitor is submitting a lower bid for your product.  Explain your answer.
  • Explain how applying costing methods can aid in better managerial decision-making.

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