What determines how many cost pools a company uses

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Question 1: Does ABC costing apply to job-order costing, process costing, or both? Why?

Question 2: ABC is the new way of accounting for what cost?

Question 3: What determines how many cost pools a company uses?

Question 4: What is an activity measure? How does a company select its activity measures? Can the same activity measure be used for more than one cost pool?

Question 5: If a company has five cost pools, how many activity rates will it calculate? How many times will it apply manufacturing overhead to products?

Reference no: EM132825391

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