Explain activities uses through activities based costing, Managerial Accounting

Assignment Help:

Explain Activities uses through activities based costing

In order to correctly associate costs with products and services. ABC assigns cost to activities based on their use of resources. It then assign cost to cost objects such as products or customers based on their use of activities. ABC can track the flow of activities in organization through for core areas:

1) Cost object

2) Activities

3) Cost pool

4) Cost drivers

Related Discussions:- Explain activities uses through activities based costing

COST ACCOUNTING, WHAT IS PRIME COST?

WHAT IS PRIME COST?

Explain zero bases budgeting according to david humdinger, Explain Zero bas...

Explain Zero bases budgeting According to David humdinger According to David humdinger, ZBB is a management tool which provides a systematic method for evaluating all operation

Summary journal entries, Stine Company uses a job order cost system. On May...

Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,730 and two jobs in process: Job No. 429 $2,150, and Job No. 430

Need help, Pantheon Company has prepared the following forecasts of monthly...

Pantheon Company has prepared the following forecasts of monthly sales: July August September October Sales (in units) 4,300 5,100 3,800 2,500 Pantheon has decided that the num

What are non-financial factors, QUESTION: PART A One of the divis...

QUESTION: PART A One of the divisions within Acme Manufacturing company is presently negotiating with another supplier regarding outsourcing component A that it manufac

Credit period, It refers to the length of time given to the buyer to pay fo...

It refers to the length of time given to the buyer to pay for their purchases. Throughout this period no interest is charged on the excellent amount. The credit period usually vari

STANDARD COSTING AND VARIANCES, WHY VARIANCES IS INVESTIGATED UNDER STANDAR...

WHY VARIANCES IS INVESTIGATED UNDER STANDARD COSTING

Strategies in working capital management, No further banks were the sole so...

No further banks were the sole source of funds for working capital requires of the business sector. At current more finance options are obtainable to a Finance Manager to allow smo

Benefits/ disadvantages of the costing techniques , Question 1 A healt...

Question 1 A healthcare company specializes in hip, knee and shoulder replacement operations, known as surgical procedures. As well as providing these surgical procedures, the

Deferred tax assets and liabilitie, Prepare a multiple step income statemen...

Prepare a multiple step income statement, and classified balance sheet for XYZ Corporation for 2013 in good form. The income statement should include the proper earnings per share

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages