1. Calculation of unit selling price, cost components, and impact of implementing different options on product pricing. 2. Comparison between activity-based costing (ABC) and traditional costing methods, including the benefits of ABC in identifying overheads and cost-saving opportunities. 3. Determination of direct material usage, labor hours, and cost variance in relation to standard and actual performance. 4. Role of standard costs in cost control, benchmarking, decision-making, and simplification of pricing and inventory valuation. 5. Advantages and disadvantages of using spreadsheets for budget preparation, including error minimization, speed, security, and potential data entry risks. 6. Analysis of production cost changes and their implications on company profitability, inventory levels, and operational decisions.