Question: Explain how a footwear company could implement an activity-based costing (ABC) system. What are the costs and benefits in implementing an ABC system? Explain what

Explain how a footwear company could implement an activity-based costing (ABC) system. What are the costs and benefits in implementing an ABC system? Explain what the company produces and identify the activities that would drive costs. Discuss the cost pools that it would use. Recommend the process it would need to go through to implement ABC in the company.

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