Just-in-time processing and activity based costing


Problem:

What are some of the main differences between just-in-time processing and activity based costing? Why has JIT become so popular in some industries? Why haven't all of ABC processes moved to JIT? Toyota was one of the first companies to use JIT on a large scale, would it make sense to use JIT and ABC?

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Other Management: Just-in-time processing and activity based costing
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