Solved: Value added activities-activity based costing, Accounting Basics

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Value added activities-activity based costing

(Question 1) What are some methods a business uses to determine if the activity is value added or not?

(Question 2) How do you think business learn from customers (consumers) what is value added and what is not value added?

(Question 3) Cost pools provide more accurate cost allocation. If this method is more accurate why doesn't everyone use the ABC costing method?

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Accounting Basics: Value added activities-activity based costing

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