Define and explain activity-based costing (ABC) systems. Be sure to compare simp

Define and explain activity-based costing (ABC) systems. Be sure to compare simple and ABC costing systems by explaining the benefits and limitations of each. Additionally reread the article (http://hbswk.hbs.edu/item/4587.html)and express your opinion concerning whether or not you agree with the pitfalls and proposed changes as expressed in the article. Would the proposed changes make ABC a commonly applicable costing method? Elaborate and fully support your position.Please read the article and paper should be plagarism free. A++ work required. 1-2 pages. No reference page needed.Should be delivered by 1pm eastern time on 7/3/14