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3. The following are the 6 cost pools established for a company using activity-based costing (ABC), the pools are related to the company's products using
3. The following are the 6 cost pools established for a company using activity-based costing (ABC), the pools are related to the company's products using cost drivers. For each of the pools identify a driver. (3 marks - 5 each) COST POOL COST DRIVER Inspection of raw materials Production equipment repairs and maintenance Raw materials storage Plant heat, light, water, and power Finished product quality control Production line setups
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