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