Organisations need to know the cost of products or services they provide for a variety of decision making situations. Critically evaluate the following three approaches to costing products or services: 1. Marginal or variable costing; 2. Full or absorption costing; 3. Activity Based costing (ABC). For each approach, identify two managerial decision making situations where that approach is more appropriate than the other two and justify why you have chosen that approach over the other two approaches in a particular decision making situation. each one seperate
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