Effective absorption of overheads is an important element of any cost accounting system

Claret and Blue Ltd are requesting guidance and support on costing and decision making. a) Prepare a business report for Claret and Blue Ltd that includes a detailed statement showing the amount that should be charged for job number 339. (35marks) b) Effective absorption of overheads is an important element of any cost accounting system. Evaluate the range of methods that can be used by companies such as Claret and Blue Ltd to absorb production overheads. (25marks) c) An individual is considering investing in a Limited Company, such as Claret and Blue Ltd. Discuss the factors that the potential investor should consider