about to share in terms of your adherence to industry standards and the American Institute of lCertified Public Accountants [AIEF'Aj code of ethics. 2. Financial Strategy: Review your original business plan and costing strategies. A. Costing System: Justify the use of lob order costing for this business. Be sure to compare and contrast the various costing systems you learned about in this course as part of your defense. B. Selling Prices: Share and explain the selling prices you established for each of your products. He su re to reference your costvolumeprot analysis in your defense. D. Contribution Margin: Share and explain your contribution margin per unit. Ele sure to reference your costvolume-profit analysis in your defense. D. Target Profits: Identify your breakeven points for achieving different target profits. Then explain the target profits you selected for each area of your business. Be sure to reference your cost volumeprofit analysis in your defense. 3. Financial Statements: Using the information in the Milestone Two Market Research Data Appendix. assess your financial performance to date. A. Statement of lCost of Goods Sold: Share the statement of cost of goods sold and logically interpret the business's performance against the provided benchmarks. B. Income Statement: Share the income statement and logically interpret the business's performance against the provided benchmarks. D. Variances: Illustrate all variances for the direct labor time and the materials price. D. Signicance of 1lll'ariances: Evaluate the signicance of the variances in terms of the potential to impact future budgeting decisions and planning