You have just been appointed the cost accountant for GLASS NKOAA COMPANY LIMITED. The company deals in the production of specialized materials; HWENTIA, PREKESE and KAKADRO. These products have high demand within the local Ghanaian market and recently at a board meeting, a discussion was held with the view of exporting these products. Management of the company is concerned about the “cost” and how to cost these products in order to allow for competition. Required: 1. Provide a brief commentary on the importance of cost to an organization 2. Discuss the various factors which could undermine the profitability of these products on the local and international market 3. Using specific examples (at most three), illustrate the importance of relevant range in analyzing the behavior cost 4. Explain the importance of classifying cost for the benefit of decision making​