SAC currently uses a basic standard cost system. Management knows very little about other concepts of costing and the benefits of having multiple costing methods. Your superior has asked that you and your team put together a presentation to management explaining various costing concepts as it relates to SAC (explain the usage and benefits of each).

Individual Portion:
Write a paper to include the following:
The definition of the concept
How and when the concept could be used by SAC
How the application of the concept differs from the other concepts
Its advantages and disadvantages
Costing Concepts:
Full costing/absorption costing

Do your own homework.

Mind your business! Clown

This is a public forum. If you don't want to look like an idiot, you should probably keep your lazy questions to yourself. As I am a part of the public, it is my business. Maybe you should spend more time doing your homework instead of coming across as desperately uneducated. By the by, read my profile, I am an accountant.

What have you done to answer the question? Please refer to homework questions. I don't expect that you will find anyone to "write a paper". And a comment such as "mind your own business, clown" will get you barred from this forum.

I am perfectly able to help you but I do not work for free. Either attempt the work and ask for help on a concept, or do your own homework.