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All of the following are reasons that traditional costing gives different results than ABC, EXCEPT: Traditional costing includes selling and administrative expenses because they are
All of the following are reasons that traditional costing gives different results than ABC, EXCEPT: Traditional costing includes selling and administrative expenses because they are assumed to be product costs. Traditional costing allocates all manufacturing overhead using a volume related allocation base. Traditional costing allocates all manufacturing overhead to products. ABC costing includes non-manufacturing overhead costs caused by products in the activity cost pools assigned to products.
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