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What year was activity based costing first introduced

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Reference no: EM132655607

ABC Scavenger Hunt:

Problem 1. What year was Activity Based Costing first introduced? What was the occasion or publication?

Problem 2. Robert S. Kaplan and William J Bruns are considered to be the "founders" of Activity Based Costing.

Briefly explain the background of each founder

explain about Dr. Kaplan's background and accomplishments.

explain bout Dr. Bruns' accomplishments .

Problem 3. Using your own words, briefly discuss the main advantages of ABC. (For example, why is ABC considered to be superior to the plantwide rate method?)

Problem 4. discuss two main disadvantages of ABC. (Why might a company be reluctant to use ABC?)

Reference no: EM132655607

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