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5. Calculate the profitability of each product line using the simple costing system and the ABC system (you will need actual prices from case exhibit
5. Calculate the profitability of each product line using the simple costing system and the ABC system (you will need actual prices from case exhibit 2).Which product line is really most profitable? Under the simple costing system, which product lines were undercosted and overcosted (see discussion on pp. 207-208 of textbook)?
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