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Describe weaknesses of standard cost systems

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1.Describe weaknesses of standard cost systems and identify examples of weaknesses from the Kanthal case?

2. What can cause a high volume customer to be unprofitable?

3. What actions do you recommend management implement based on the Account Management System data (discussed in class) and Exhibits 8 & 9?

4. Describe activity based costing advantages compared with standard costing?

Reference no: EM133246838

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