I just want to understand what a Business memo is, looks like, and how I can use this information to write it. This is managerial accounting.

Willy Wonka Chocolate Store (WWCS) is a large chocolate store located in San Francisco that sells chocolates, candies, and has a cafe. WWCS operates at capacity and allocates selling, general, and administration (SG&A) costs to each product line using the cost of merchandise of each product line. Importantly, WWCS has used cost of merchandise to allocate SG&A costs. The CEO of WWCS, Mr. Wonka, attended the managerial accounting conference for CEOs and heard that M&N Chocolate Store, the major competitor of WWCS, has used activity-base cost (ABC) systems. Since he wants to optimize the pricing and cost management of cach product line, he is wondering if its accounting system based on ABC is providing it with the best information for making such decisions. Mr. Wonka has asked you, who is a the chief of management accountant, to answer his question. Willy Wonka Chocolate Store Product Line Information For the Year Ended December 3, 2018 Chocolates $3,720,480 $2,656,727 NA Candies Caf Total 2,315,360 $1,722,311 NA $736,216 $566,685 $6,772,0506 Revenue Cost of merchandise Cost of caf cle $18,250 $1,485,584 $322,499 Net Income WWCS incurs the following SG&A cost pools and c costs: Willy Wonka Chocolate Store Selling, General, & Administration Costs For the Year Ended December 3, 2018 S474,500 432,400 Self-stocking labor 487 91,184 1,485,584 Customer su cashiers and floor em ees; it is related to # of items so! Activities Measures Chocolates Candies Caf Number of Number of delivers received Hours of shelf sto Items sold 800 1,400 15,000 124,016 ase order 1700 14,000 115,768 1,600 10,000 368,108 ime Write a memo to Mr. Wonka describing whether and how the improved system i.c, ABC system) might be useful for managing WWCS. The memo should include the following information: Product line and total company income statements based on the traditional accounting systenm; 2) Product line and total company income statements based on ABC systems; 3) Comparison your results in the requirement 1 and 2; 4) Your recommendation