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（AT LEAST 350 WORDS）
QUESTION No.2:
“Traditional costing allocation system will lead to an inaccurate overhead cost allocation to high volume and low volume products, and will provide misleading cost information for decision making.”
You are required to explain the above statement. Your answer should include the following:
• How traditional costing allocation system will lead to inaccurate cost allocation to high volume and low volume products?
• How inaccurate cost allocation would mislead decision-making?
• How ABC system helps managers in improving cost management and profitability?
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