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Implement activity-based costing to manage costs and improve profitability. Requirements: Identify and classify cost drivers in a service industry setting. Develop an activity-based costing system

Implement activity-based costing to manage costs and improve profitability.

Requirements:

Identify and classify cost drivers in a service industry setting.

Develop an activity-based costing system to allocate costs to services.

Discuss how activity-based costing can lead to better cost management and pricing decisions.

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