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a) In a complex manufacturing environment, describe why an ABC system might be more appropriate than a traditional costing system? b) Costs are often categorized
a) In a complex manufacturing environment, describe why an ABC system might be more appropriate than a traditional costing system?
b) Costs are often categorized into one of four (hierarchical) activity cost centers. Describe each and give examples.
c) Describe the concept of Total Quality Management (TQM).
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