Question: Q 1. Explain the difference between activity-based costing for manufacturing overhead and a traditional costing that uses departmental overhead rates. Q 2. With reference to

Q 1. Explain the difference between activity-based costing for manufacturing overhead and a traditional costing that uses departmental overhead rates.

Q 2. With reference to relevant legislation and case law, discuss the different methods of working out the decline in value of a depreciating asset.

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