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O Answer the following questions using the information below: Products S5 and CP8 each are assigned $100.00 in indirect costs by a traditional costing system.

O Answer the following questions using the information below: Products S5 and CP8 each are assigned $100.00 in indirect costs by a traditional costing system. An activity analysis revealed that although production requirements are identical, S5 requires 45 minutes less setup time than CP8. According to an ABC system, CP8 is under the traditional system. overcosted fairly costed accurately costed undercostedimage text in transcribed

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