Different types of costing systems are appropriate in specific circumstances" Discuss the above statement, identifying...

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Accounting

Different types of costing systems are appropriate in specific circumstances"

Discuss the above statement, identifying the type of costing system that would be appropriate in each case, with reasons: 1. Handmade cream cakes 2. Consider the following: The manufacturers churn out cakes The cake comes in several flavors The cake design is the same for all flavors Packaged and sold in supermarkets and hypermarkets

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