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company's costs. She hired Dona Falcon, who had just completed her CMA. understand our costs, we might start losing sales to our rivals. Falcon: I
company's costs. She hired Dona Falcon, who had just completed her CMA. understand our costs, we might start losing sales to our rivals. Falcon: I understand your point very well, Ms. Marks. Marks: Call me Sam. Falcon: Very well, Sam. I have a few ideas that I picked up from my CMA courses that I think are worth implementing. However, it looks like we need to start with the basics. Required: Assume the role of Dona Falcon. Write a brief report outlining the basics of a cost management information system. Include in your report the following: - Resources and costs - Supply of resources vs. the use of resources - Classification of costs (three dimensions of resources) - Alternative costing systems
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