Question: b] Provide two reasons for an outdated costing system. {2 marks) PICD Ltd is a manufacturer of picnic tables of varying sizes. It is considering

b] Provide two reasons for an outdated costing system. {2 marks) PICD Ltd is a manufacturer of picnic tables of varying sizes. It is considering switching to the ABC system. As its management accountant. identify two [2} potential activitybased costing pools for PICO Ltd and their appropriate cost drivers? [4 marks}

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