Assignment: Cost accounting
1. How can managers make higher-quality decisions? Give an example of decision made by one company and discuss how the mangers will make high quality decision?
2. Give a numerical example of cost function and analyze this cost function? Discuss how is this cost function used in decision making?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.