Benefits of Activity Based Costing (ABC)

Benefits of Activity Based Costing (ABC)

In short paragraphs, Use the Internet to identify one (1) manufacturing company that currently uses an Activity-Based Costing (ABC) system. Use the information discovered to show the benefits claimed by this company due to the use of ABC

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Activity Based costing is an account costing method applied by organizations by allocating administrative costs and fixed costs to activities. These activities must have direct relation with the costs being allocated. Several companies have adopted…

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