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6. Allocate indirect production costs under Activity-based costing (ABC) system. For this purpose, you will need to do the folowing: 6.1. Define the Cost -
6. Allocate indirect production costs under Activity-based costing (ABC) system. For this purpose, you will need to do the folowing: 6.1. Define the Cost - Allocation Base for each of the Production Support Activities. 6.2. Determine Resources Costs needed for each Production Support Activity. 6.3. Compute the number of cost driver units for each of the three products being produced by your company. 6.4. Allocate the costs of the Production Support Activities to the three cost objects three products
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