The assignment content discusses the differences between marginal and absorption costing methods. It presents a case study of a company that manufactures widgets, with sales budget and production budget for each quarter. The company uses both marginal and absorption costing methods to calculate its profits. The main difference between the two methods is that marginal costing considers only variable costs as product cost, whereas absorption costing considers all costs as product costs. The assignment also discusses how to determine the break-even point in terms of units sold at current price, and calculates new selling prices for different scenarios.