How could the costs differ one method is chosen over other

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Companies can choose from different costing methods: process/product costing and activity-based costing. Think about a company you know and answer the following:

Question 1: What are the differences between the two costing methods, and how do these apply to your company?

Question 2: What are some ABC cost drivers the company might use?

Question 3: How could the costs differ if one method is chosen over the other?

Question 4: Which method would you recommend for your company, and why?

Reference no: EM132648828

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