1)" It's not the job of accounting to determine strategy. It is only used to measure results". Discuss (2 marks) 2) The operations department in a manufacturing company has identified a new method of stacking finished goods. This improved method is expected to result in a twenty percent reduction in labour time but no changes in any other costs. The current labour cost to stack each box is RM5 and other costs are RM8 per box a) Identify the differential costs should the operations staff consider for the decision to use the new method next year? What would the value of the cost savings per box be using it? (1 mark) b) Describe how management would use the information in requirement (a) and to proceed with the new method. (1 mark) 3) Cost accounting has become a necessity in all organizations as managers at each stage of the value chain require information on the performance of products, services, suppliers, customers and employees. Define each of the following cost accounting development and provide an example of how it is used: 3) Cost accounting has become a necessity in all organizations as managers at each stage of the value chain require information on the performance of products, services, suppliers, customers and employees. Define each of the following cost accounting development and provide an example of how it is used: a) Activity based accounting b) Benchmarking c) Outsourcing d) Lean accounting e) Enterprise resource planning (10 marks)