While gaap requires treating selling and administrative

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While GAAP requires treating selling and administrative expenses as period expenses and it requires assigning all manufacturing costs to products, ABC systems can assign selling and administrative expenses to products and they can exclude manufacturing costs from product costs where appropriate.All, ABC uses cost pools that are created to correspond to the activities performed in an organization that cause the consumption of overhead resources.What is a cost pool? And what are some examples of cost pools that might be created?

Reference no: EM13583265

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