Financial statement reporting acceptable according to gaap

Reference no: EM13166476

1. shipping, selling, marketing, sales order processing, return processing, and advertising activities can be related to products by using activity-based costing. Would allocating these activities to products for financial statement reporting be acceptable according to GAAP?

2. How can activity-based costing be used in service companies?

Reference no: EM13166476

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Financial statement reporting acceptable according to gaap : advertising activities can be related to products by using activity-based costing. Would allocating these activities to products for financial statement reporting be acceptable according to GAAP?

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