1a. Describe THOUGHTFULLY why it is important to understand the the flow of costs in a job-order-costing system, apply overhead costs to jobs using predetermined overhead rate, and prepare schedules of costs of goods manufactured and costs of goods sold. 1b. Describe THOUGHTFULLY how you learned to understand the concept of job-order-costing system. Give ONE example from your personal experience of each learning process. 1c. Discuss in at least ONE WELL-DEVELOPED paragraph your ORIGINAL personal insights about understanding of flow of costs in job-order-costing system, applying overhead costs to jobs predetermined overhead rates, and preparing schedules of costs of goods manufacture and costs of goods sold. 1d. Did this learning outcome change the way you thought about the topic? Now that we covered the topic, was it valuable or should it be changed? Justify your answer. 2a. Describe THOUGHTFULLY why it is important to understand budget and the processes that can be used to create budgets. 2b. Describe THOUGHTFULLY how you learned to prepare budgets. 2c. Discuss in at least ONE WELL-DEVELOPED paragraph your ORIGINAL personal insights about understanding organizational budgets and how they are created. 2d. Did this learning outcome change the way you thought about the topic? Now that we covered the topic, was it valuable or should it be changed? Justify your