You have completed the analysis of ABC and determined whether it is a good option for Jeemp Farms.
Create a 5-slide presentation with speaker notes for Jeemp Farms management that addresses the following:
- Explain ABC costing and how it is different than traditional costing.
- Explain the advantages/disadvantages of using ABC costing.
- Define the terminology that is used in an ABC costing system.
- Explain whether ABC is the preferential system for Jeemp Farms and why.