put this into a paragrapgh: Combining activity-based costing (ABC) with job order costing can be highly advantageous for Gibson Guitars for several reasons. Here's how this integration could enhance their costing processes: Improved Cost Accuracy: Job Order Costing: While it efficiently tracks direct costs like materials and labor for specific orders, it might not allocate overhead costs with high precision. Activity-Based Costing (ABC): By identifying various activities and their cost drivers, ABC allows for more accurate allocation of overhead costs to individual products based on their actual consumption of resources. Advantage: By combining both, Gibson Guitars can achieve accurate tracking of both direct and indirect costs, leading to more accurate product costing. Enhanced Customization Insights: Customization: Gibson Guitars manufactures customized products, resulting in varied resource consumption. ABC Contribution: It provides insights into which activities are driving up costs, allowing Gibson to understand the financial impact of custom features more accurately. Advantage: This insight can help in assessing the profitability of custom orders and setting appropriate pricing strategies. Efficient Resource Allocation: Job Order Costing Limitation: This method identifies the cost per job, but might not highlight inefficiencies within processes. ABC Advantage: It identifies activities that consume the most resources and those that might be inefficient or unnecessary. Advantage: This combined approach allows Gibson to pinpoint inefficiencies and optimize resource a