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CMRP 2023 STUDY GUIDE WITH COMPLETE SOLUTION | latest update
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---14January 20232022/2023A+
- CMRP 2023 STUDY GUIDE WITH 
COMPLETE SOLUTIONCMRP 2023 STUDY GUIDE WITH 
COMPLETE SOLUTION 
ABC, Activity based costing - ANSWER Usually refers to costing method that breaks down 
overhead costs into specific activities (cost drivers) in order to more accurately distribute 
the costs in product costing. Has also been applied to customer and vendor management. 
ABC stratification - ANSWER Method used to categorize inventory into groups based 
upon certain activity characteristics. Examples of ABC...
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