Traditional Management Accounting (TMA) Systems were used to suit traditional manufacturing systems. It uses broad arbitrary percentages to allocate costs including overhead costs. These costs are typically calculated by dividing fixed cost by units produced.Thisignorestheactualfixcostimpactofindividualproductfamilies. TMAisnotsuitableformoderncompaniesthathaveawiderangeoflowvolumeproducts,sinceitalmostcertainlyleadstodistortedcostinformation.Modern costing methods aim not only to accurately allocate overhead costs, but also to identify areas of waste.Toaddressthe new manufacturing environmentneeds,new management accounting systems introduced such asABC,Target CostingandBalanced Score-card. 

Provide your views with giving numerical examples of applying the three systems.