Solved: Department-based costing system, Accounting Basics

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Department-based costing system

Please answer the two questions below:

Question 1: Explain how activity-based costing system is different from department-based costing system.

Question 2: In your opinion, what are the advantages/disadvantages of activity and department costing systems?

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Accounting Basics: Department-based costing system

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Accounting Basics: Department-based costing system

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