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

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

Q3. 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.

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