only part 7 100-200 words please

. . . Ch17 Case Study - Activity Based Costing Part 1: Explain activity based costing. Choose two (2) manufacturing companies and explain why these companies would benefit from using an Activity-based costing system. Part 2: Explain activity based costing. Choose two (2) service companies and explain why these companies would benefit from using an Activity-based costing system Part 3: Explain three (3) benefits in using Activity-based costing system for a manufacturing company Part 4: Explain three (3) limitations in using Activity-based costing system for a manufacturing company. Part 5: Explain three (3) reasons why all manufacturing companies do not use an Activity-based costing system. Part 6: Explain three (3) reasons when a manufacturing company would consider implementing an Activity-based costing system. Part 7: Explain each of the following Activity-based costing terms and provide a real life example for each accounting term: activity, activity cost pool, and cost drivers. Explain the importance and purpose of each Activity-based cost term. Part 8: Explain each of the following Activity-based management terms and provide a real life example for each accounting term: value-added activities and non-value-added activities. Explain and compare the importance and purpose for each type of Activity-based management term