Write a 2 page essay in cost analysis answer those questions and

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write a 2 page essay in Cost Analysis answer those questions and please provide me withe at least 2 resources

  • Why are cost estimates important to an organization? What types of decisions are affected by understanding costs?
  • What are the primary challenges in determining the costs of units of production or service?
  • What are essential elements of traditional costing and activity-based costing?
  • What are some shortcomings of traditional costing vs. activity-based costing?

 

write a 2 page essay in Cost Analysis answer those questions and please provide me withe at least 2 resources

  • Why are cost estimates important to an organization? What types of decisions are affected by understanding costs?
  • What are the primary challenges in determining the costs of units of production or service?
  • What are essential elements of traditional costing and activity-based costing?
  • What are some shortcomings of traditional costing vs. activity-based costing?