Question: Based on the calculations in Tab 3 using ABC, comment on the profits made for each product. Explain in your report why profits have changed

Based on the calculations in Tab 3 using ABC, comment on the profits made for each product. Explain in your report why profits have changed under ABC costing method. Also indicate which of the systems - that is the traditional systems (using lumpsum or volume-based cost allocation in Tab 1 and Tab 2) or the ABC systems, (Tab 3) provide the best answers for decision making to improve cost management in order to improve EBITDA

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