Develop an 8-slide presentation regarding costing methods as related to the scenario in Exercise 19-7, which all team members completed in WileyPLUS. Include the following: Recommend a costing method in choosing between variable or absorption costing. Explain the team’s decision. Explain the benefits of each of the two methods. Determine which method would lead to the best decision when a competitor is submitting a lower bid for your product. Explain your answer. Explain how applying costing methods can aid in better managerial decision-making.