Design of cost accounting systems for service organizations, Accounting Basics

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Design of cost accounting systems for service organizations

Questions:

1. What are some special considerations in the design of cost accounting systems for service organizations?

2. What advantages does time-driven ABC have over original activity-based costing? (Appendix)

3. "When a company produces both high volume products and low-volume products, traditional product costing systems are likely to over cost high-volume products." Do you agree with this statement? Explain.

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Accounting Basics: Design of cost accounting systems for service organizations

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Accounting Basics: Design of cost accounting systems for service organizations

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