Product Costing Systems.

Financial statements play a significant role in all aspects of accounting. For this assignment, used the attached “sample financial analysis table”. You will need to read the following article: Fisher, J. G., & Krumwiede, K. (2015). Product costing systems: Finding the right approach . Journal of Corporate Accounting & Finance, 26(4), 13-21 (see files upload) Once you have read the article, address the following questions based on both the article and the upload financial chart(s): **analyze your current system using the three dimensions of convenience, correctness, and costs of implementation; **correlate your current company’s product cost design abilities by answering the four key product design questions; and **employ strategies for how businesses can better present financial statements for other businesses or financial institutions. Your assignment must be at least two pages in length, not counting the title and references pages. You must have at least two outside sources, which can include the textbook and the Fisher and Krumwiede article. Remember to use APA style format throughout all portions of the assignment. Textbook used for this course: Braun, K. W., & Tietz, W. M. (2018). Managerial accounting (5th ed.). Pearson.