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What problem arise with using volume-based costing system

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Reference no: EM132526432

Question 1. What problems can arise with using a volume-based costing system in a modern manufacturing environment?

Question 2. A managing director was heard to remark: 'Activity-based costing may offer some entities advantages, but given our situation do not think the cost of implementing such a system can be justified.' Is this stance reasonable? Discuss

Reference no: EM132526432

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