Question: A1: What Information Does D. C. Need? Before recommending a cost system, it is helpful to understand the cost information needs of the company. Based

A1: What Information Does D. C. Need? Before recommending a cost system, it is helpful to understand the cost information needs of the company. Based on case information, briey summarize D.C.'s competitive environment and its apparent strategy in response to that environment. Considering the company's strategy and products, what types of cost information should D.C.'s product costing system be able to provide? A2: Which Costing Appmoch(es) Do You Recommend? 1. Discuss the pros and cons of the different costing approaches available to DC, including job order costing, process costing, operation costing, and activity-based costing. 2. Based on your analysis of costing approaches, which approach do you recommend D.C. use for direct costs? What about indirect costs? Provide support for your recommendation. Keep in mind it is a small company with limited staff and they do not currently track actual cost information during production. The approach should also be exible enough to handle high-volume or low-volume months. 3. Discuss how you would handle different types of special ingredients, stir-ins, or labeling design costs for the new special order from the wellness company. You do not need to state how you would handle each specific ingredient
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