No single system can adequately answer the demands made by diverse functions of cost systems. while companies can use one method to capture all their detailed transactions data, the processing of this information for diverse purposes and audiences demands separate, customized development. companies that try to satisfy all the needs for cost information with a single system have discovered they can't perform important managerial functions adequately. moreover, systems that work well for one company may fail in a different environment. each company has to design methods that make sense for its particular products and processes. describe the costs and benefits of having a single measurement system?

You receive a memo from the vice president of procurement responding to your query. he writes: “it will be very important to maintain product continuity. we have a large base of devoted customers. we want to make sure that the quality and key characteristics of island knight stay the same through this transition. talk to frank, our consulting professional perfumer, for more information about the cologne. seasonal variations in costs are the single most significant factor in our deciding to go with another supplier, so finding a way to limit that should be the top priority. the overall marginal costs and shipping costs are probably somewhat less significant. you may want to talk to cindy, the product manager for island knight, regarding pricing information about the product.” what is the best action to take next?