Cost systems, accounting assignment help

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1)  While the text presents job and processing costing systems as virtual “polar extremes,” there are many situations where it may be best for a company to use a hybrid system that combines attributes of both systems.  Describe such a situation and discuss how the hybrid system may be better than either pure job or pure process systems. 

2)  Assume you own a business that makes two complementary products for which you allocated manufacturing overhead proportionally.  A competitor is trying to undercut your price for one of the products.  How might ABC costing help you better compete with this pending threat?

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