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.
(Chapter 7)
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.
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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