the issue of cost management and the different factors that cause it (cost drivers). Suppose you are a production manager and the internal auditor, controller, tells you that a new policy will require you to keep track of all wasted and discarded material in the production process. Why do you think the internal auditor is asking you for a written record of damaged or wasted material? What benefits can be gained from tracking, calculated as a percentage of cost per job order, the amount of material wasted and scrapped? Be sure to give examples