Question 6 (7 marks) a) 'While it is important to have an understanding of the costs of providing goods and services, costing information is certainly not the major driver of prices in most organisations.' Required: Discuss what the above statement means. Include examples in your answers. (3 marks) ANSWER a): b) The Cake Factory bakes and sells a standard-size sponge vanilla cake for $1.75 each. The cost of producing 500,000 standard vanilla cakes in the prior year was: At the start of the current year, The Cake Factory received a special order for 18,000 standard sponge vanilla cakes to be sold for $1.50 each. The company estimates it will incur an additional $1,000 in total fixed costs to lease a special machine that shapes the cake. This order will not affect any of its other operations. Required: Should the company accept the special order? Show your work. (4 marks) SHOW YOUR WORKINGS ANSWER b): Question 6 (7 marks) a) 'While it is important to have an understanding of the costs of providing goods and services, costing information is certainly not the major driver of prices in most organisations.' Required: Discuss what the above statement means. Include examples in your answers. (3 marks) ANSWER a): b) The Cake Factory bakes and sells a standard-size sponge vanilla cake for $1.75 each. The cost of producing 500,000 standard vanilla cakes in the prior year was: At the start of the current year, The Cake Factory received a special order for 18,000 standard sponge vanilla cakes to be sold for $1.50 each. The company estimates it will incur an additional $1,000 in total fixed costs to lease a special machine that shapes the cake. This order will not affect any of its other operations. Required: Should the company accept the special order? Show your work. (4 marks) SHOW YOUR WORKINGS ANSWER b)