Mgmt Accounting Qusestion 1) Provide two reasons why traditional costing systems tend to under-estimate the...

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Accounting

Mgmt Accounting Qusestion

1) Provide two reasons why traditional costing systems tend to under-estimate the cost of low-volume, complex products and over-estimate the cost of high-volume, simple products.

2) Outline and explain three circumstances in which the benefits from ABC will be greatest.

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