Activity Based Costing

Need help with term paper. Please write for me 10 pages narrative (single spaced) term paper about the following topic “Activity Based Costing”

notice that work cited, cover page and any extras are not included in the 10 page narrative.

Also, please focus on accounting relationship to the topic in your research, and include numbers, charts or tables if needed to compare things or to prove a point.

Could you please look at the sample I’m gonna attach here and kind of make my paper similar to it.

Answer preview

Brief introduction of Activity Based Costing

The activity-based costing (ABC) is a costing technique that allocates the overhead costs precisely on the activity other than the product. For instance, the method assigns the costs to activities in a manufacturing process to show the significance of each activity. The ABC costing technique has enabled firms to identify the real costs hence making sound decisions on profitability.[1]ABC enhances establishing effectiveness in the manufacturing and business process. The technique has important application in the large firms allowing them to maintain a highly competitive advantage in the marketplace. The ABC technique will thus identify the activities involved in the production of a product and then assigns each product a cost that is the total of the activity costs of producing it.

The technique has relevance as a management tool. Several developments have occurred in the technique such as the time aspect to improve its accuracy in management[2]. The technique has improved the effectiveness and reliability[1] Foroughi, A., M. Kocakulah, A. Stott, and L. Manyoky. “Activity-based costing: Helping small and medium-sized firms achieve a competitive edge in the global marketplace.” Research in Economics and Management 2, no. 5 (2017): 150-171.

[2] Škoda, Miroslav, Gabriela Sláviková, and Daniel Lajčin. “The only correct calculation method in cost management: From activity-based costing perspective.” Journal of Business & Management 3, no. 3 (2014): 08-18.

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(6000 words)