Referencing Styles : APA Required:1. Discuss the difficulties associated with Kim’s plan to “work out the exact full cost of making each product”. (7 marks)2. Kim intends to set prices “to ensure that … cost is fully recovered, along with a profit margin”. What type of pricing model is Kim adopting and what difficulties may arise in trying to implement this pricing strategy? (3 marks)3. In light of your responses to Q … View More Required: 1. Discuss the difficulties associated with Kim’s plan to “work out the exact full cost of making each product”. (7 marks) 2. Kim intends to set prices “to ensure that … cost is fully recovered, along with a profit margin”. What type of pricing model is Kim adopting and what difficulties may arise in trying to implement this pricing strategy? (3 marks) 3. In light of your responses to Questions 1 and 2, what practical advice would you give to Kim to help the business be successful? Your answer should refer to at least two topics covered in BUACC5933 Cost and Management Accounting. (5 marks) Read Less