Question: What is a job-order costing system? What do you know about Activity-Based-Costing (ABC) system? What are the differences between an ABC system and a traditional

What is a job-order costing system? What do you know about Activity-Based-Costing (ABC) system? What are the differences between an ABC system and a traditional costing system? Use an example to show how we calculate and allocate overhead costs in an ABC system and a traditional system.

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