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Findt & Thompson PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following
Findt & Thompson PLC, a consulting firm, uses an activity-based costing in which there are three activity cost pools. The company has provided the following data concerning its costs and its activity based costing system: Costs:
\fActivity Cost Pools Working On Business Engagements Development Other Total Wages and salaries .......In. 60% 10% 30% 100% Travel expenses.......... 55% 35% 10% 100% Other expenses 20% 40% 40% 100%Step by Step Solution
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