For this extra credit assignment, you will be providing two specific examples of how managerial accounting information can help companies make decisions $($up to $5$ points for each example$).$ One solid paragraph is needed for each example, and your examples must come from the material we covered in this course. Examples can include items such as job costing, activity$-$based costing, sensitivity analysis, differential analysis, capital budgeting, and any other concept covered in this class. This is not an a$.$stomatic full$-$credit assignment, so please put thought and time into your work and realize specific examples will help you maximize your extra credit points. Here are the requirements to be addressed in each of your paragraphs:

Use several sentences to describe the concept and reference the page number in the textbook where the concept is covered.

Provide a specific example of how the concept can be used to help a company for decision$-$making purposes. Be specific with a hypothetical situation $($do not copy examples from the textbook$),$ including using dollar amounts if appropriate. For example, if you choose job costing as one o your concepts, provide a specific example explaining how job costing might work for a specific job, and how it can be used for decision$-$making purposes. You will need more than just a few sentences to provide a solid example.