Classic Sanitary Wares (CSW) manufactures and sells bathroom accessories in Adelaide. CSW is facing the following market challenges and opportunities: - CSW needs to develop some preliminary cost estimates for launching a new product 'Daffodil Basin'. cost mothod - CSW is experiencing increasing pressures from new competitors who are importing sanitary wares from China and selling them at cheaper prices in the Australian markets. - Howto has been struggling in making timely and efficient decisions to survive in highly competitive post-covid 19 business environments. improve decision making process (topic 1 ) Required: Critically Discuss: 1. What management accounting tools and techniques that may help CSW to develop cost estimates for launching the new product - 'Daffodil Basin'? 2. What may be the core features of CSW's business strategy to effectively deal with the increasing market competition? 3. What may be your suggestions for developing an efficient decision-making framework for CSW? Assume the following context: You are a university student on an industry placement with a private firm of management accounting consultants. The CEO of your firm has asked you to develop a Video Presentation of 8-10 minutes duration on your case study