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3. 4. 5. Explain the stages in applying ABC in manufacturing company. Explain the difference between Activity-Based Costing and Traditional Costing System? What are the

3. 4. 5. Explain the stages in applying ABC in manufacturing company. Explain the difference between Activity-Based Costing and Traditional Costing System? What are the advantages of Activity-Based Costing? 6. What are the classification of activities? Explain it briefly. 7. What are the factors to be considered while adopting ABC

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