ABC costs; uncertainties; ABM; non-value-added activitiesLO2, 3, 5 Water Feature Company manufactures kits for fish...
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ABC costs; uncertainties; ABM; non-value-added activitiesLO2, 3, 5 Water Feature Company manufactures kits for fish ponds. The managers recently set up an ABC system to identify and reduce non-value-added activities. The ABC system includes the following cost pools, cost drivers and estimated costs for manufacturing activities:
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