Overview Companies choose their costing method based on their business activities and processes, as well as the products and services they offer. A company can be a manufacturing, merchandising, or service organization; this also impacts which costing method will be most useful for its purposes. As a part of costing, the company also needs to decide how to classify overhead costs using either traditional or activitybased costing {ABC}. In this written assignment, you will choose a company, consider its business and costing requirements, and recommend a costing system that will work best for the business. Prompt Think about a company you know. This could be a current or past employer or a company you admire. Consider its business activities and the type of products and services offered. Based on what you have learned so far, write a short paper that reects on the different costing methods and speculates on how they might apply to your selected company. Specically, you must address the following rubric criteria: . Company Overview: Identify the company you selected and provide a brief overview of its business. a Is it a manufacturing, merchandising, or service organization? . Costing Methods: Compare thejob order and process costing methods, and explain how each of these can be applied to the company. a How could the costs differ if one method is chosen over the other? . Factory Overhead: Outline possible indirect or overhead costs the company may need to account for, and identify the type of costing the company might use for these costs. a If the company decides to use activity-based costing [ABC], what are some activity bases {cost driversl it might use to allocate these costs? . Recommendation: Based on your analysis, recommend a costing method for the company, and explain why you think this method will work best for the business. Guidelines for Submission Submit your assignment as a 2 to 4page Word document. Sources should be cited according to APA style