Week 5 Assignment Write a paper of no more than 350 words aftercompleting Exerci

Week 5 Assignment Write a paper of no more than 350 words aftercompleting Exercise 19-17 in WileyPLUS in which you respond to thefollowing questions: In this case would it be better to use thevariable or absorption costing method and why? What are thebenefits of the two methods? Which method would lead to the bestdecision when a competitor is submitting a lower bid for yourproduct? Polk Company builds custom fishing lures for sportinggoods stores. In its first year of operations 2012 the companyincurred the following costs. Variable Cost per Unit Directmaterials $8.03 Direct labor $2.62 Variable manufacturing overhead$6.15 Variable selling and administrative expenses $4.17