Activity Based Costing System
A Tool for Management to Aid Decision Making:
Learning Objectives:
- Define and explain activity based costing (ABC) system.
- How various manufacturing and non-manufacturing costs are treated under activity based costing system?
- What are advantages and disadvantages of ABC system
- Definition and Explanation of Activity Based Costing System
- Treatment of Manufacturing, Non-manufacturing and Idle Capacity Costs Under Activity Based Costing System
- Activity Based Costing And Top Management
- Activity Based Costing System and External Reports
- Designing and Implementing Activity Based Costing System
- Targeting Process Improvements (Activity Based Costing + Activity Based Management)
- Advantages or Benefits | Disadvantages or Limitations of Activity Based Costing System
- Activity Based Costing Example