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You are hired as a consultant to assist ABC manufacturing, Inc., a sporting goods manufacturer experiencing...

You are hired as a consultant to assist ABC manufacturing, Inc., a sporting goods manufacturer experiencing declining profits. Your assignment is to use your knowledge of management accounting to guide management to take the appropriate actions. Discuss the steps you would recommend; paying attention to the following: (1) Five -Step decision- making process. (2) Decision Model. (3) The concept of rele

vance. (4) Insourcing versus Outsourcing, including opportunity costs. (5) Any other concepts you deemed relevant.

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