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Please answer the 3 questions: Use the simple costing system to prepare a...

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Accounting

Please answer the 3 questions:

  1. Use the simple costing system to prepare a product-line profitability report.
  2. Use the ABC system to prepare a product-line profitability report.
  3. What new insights does the ABC system in requirement 2 provide to the managers?

image

image More info Data table of 30% of cost of goods sold

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