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Compare and contrast the traditional method of allocating

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Reference no: EM13570841

Overhead costing is an important aspect of product and service costing.

1) Explain the term ‘manufacturing/service overhead', providing examples to support your definition.

2) Compare and contrast the traditional method of allocating overhead costs to a product or service with the ABC approach. Do you see one method as being superior over the other?

Reference no: EM13570841

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