Assume that you are a manufacturing accounting consultant. Your current client, Hot Stuff Bonfire, Inc., manufactures custom-order outdoor fire pits. You have learned that Hot Stuff is not satisfied with it's periodic inventory system because it does not provide timely inventory costing information. You plan to recommend that Hot Stuff convert to a cost accounting system. As part of your preparation for the presentation you are to prepare notes on the following:

1. Why a cost accounting system is appropriate for Hot Stuff Bonfire, Inc.

2. A description of the documents that will be included in the cost accounting system.

3. How the documents in part 2 facilitate the operation of the cost accounting system.