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INSTRUCTIONS: In Groups of not more than Five (5) Members in each Group, solve the Question below and present it in writing on an Official
INSTRUCTIONS: In Groups of not more than Five (5) Members in each Group, solve the Question below and present it in writing on an Official Paper (Foolscap Sheet) with names, index numbers and signatures of each Member. Submission Date and Time: Today, Thursday, 30th March, 2023 at 10 am. Information relating to each of the products is as follows: Cost driver data: Required: (a) Outline the five (5) steps used in calculating the full production cost per unit using Activity Based Costing (ABC) (b) With reference to the steps outlined in (a) above, compute the full production cost per unit and the profit per unit for each product
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