2.5 With the aid of any suitable diagram, review the process costing method in MKL 5050 LLC in the production of the electric fan. (E3:3.6) (8 MARKS) Scenario You have been considered for appointment as an Assistant Management Accountant by MKL 5050 LLC, a manufacturer of electronic items which is based in Abu Dhabi and one of your major task is to help review the costing techniques and methods in the company. In addition, you need to support management of MK 5050 LLC to apply and select the best inventory valuation methods and the best costing techniques suitable to the company to enable them meet the Accounting reporting standards in the UAE and to ensure that they are profitable. As part of your interview process, the HR Department of MKL 5050 LLC has outlined the following tasks for you to answer appropriately and enable them to decide whether you are the best candidate / applicant for the role of Assistant Management Accountant. The following tasks are outlined by the owner to enable her assess your competency to achieve your objectives as the new cost accountant for MKL 5050 LLC. Undertake further research and answer the tasks assigned to you appropriately