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Wnat is the difference between all these costing methods? (20 pts) Your cousin emails you and says she has started a manufacturing company. She asks
Wnat is the difference between all these costing methods? (20 pts) Your cousin emails you and says she has started a manufacturing company. She asks if she should use order, process or activity-based costing. In your response, you compare and contrast the various methods. job After receiving your explanation, your cousin asks you what EUP is (you mentioned it in your explanation): why it is used only in process costing and why it is calculated separately for direct materials, direct labor and overhead Compose all of your cousin's questions. email comparing and contrasting the three costing methods. Make sure to explain EUP and answer an Managerial Decisions -epis Hmwrk You are a consultant for a small accounting firm. The owner informs you, he has decided to only perform tax paration. He says that by eliminating the other services his company currently provides, he can concentrate is resources on tax preparation (which he believes is 75% of his business). After some research, you collect the following information, concerning the financial breakdown of the company's services: Bookkeeping Consulting Taxes $32,500 8,000 $ 24,500 13,500 11,250 S (250 $127,500 46,000 $60,000 7,500 $52,500 6,000 21,000 S 25,500 Sales revenue Variable costs Contribution margin $81,500 19,500 3,750 $58,250 Direct fixed costs Allocated fixed costs Profit (loss) Perform the appropriate calculations, and then compose an email to the owner explaining your suggested course of action (make sure to include the calculations with your email). Using your calculation give at least two quantitative reasons why this is/isn't the right decision. Also, explain why qualitative factors may also influence the decision and offer at least three specific qualitative factors applicable in this decision
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