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Differentiate with suitable examples the traditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example

ACCT301: Assignment Question(s):

Q1. Differentiate with suitable examples the traditional costing systems and activity-based costing. Explain how ABC is used in manufacturing by providing a numerical example (Chapter7)

Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources.

Q2. Provide a numerical example of special order decisions and make or buy decisions and explain how these decisions are backed by quantitative and qualitative considerations.    (Chapter 4)

Note: Your answer must include suitable numerical examples. You are required to assume values of your own and they should not be copied from any sources.

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