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In activity based casting unit level activities occur every time an additional product is manufactured. Management accounting unlike financial accounting focus on reporting the performance
In activity based casting unit level activities occur every time an additional product is manufactured. Management accounting unlike financial accounting focus on reporting the performance of past activity rather than predicting future activity. If product cost are as period costs, it will cause both the balances sheet and the income statement to be misstated. When there are batch level or product level costs in comparison to a traditional cost system, an activity based costing system ordinarily will shift costs from high volume to low volume products
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