ABC AND Traditional based costing
This query is : Resolved
29 July 2010
DEAR ALL
WHAT IS A DIFFERENCE BETWEEN :-
ABC COSTING AND TRADITIONAL BASED COSTING
WITH ONE SMALL EXAMPLE
WITH THANKS
K.ARUNKUMAR
WHAT IS A DIFFERENCE BETWEEN :-
ABC COSTING AND TRADITIONAL BASED COSTING
WITH ONE SMALL EXAMPLE
WITH THANKS
K.ARUNKUMAR
29 July 2010
Activity Based Costing (ABC)
One of the best tools for refining a costing system is activity-based costing. Activity based costing (ABC) systems refine costing systems by focusing on individual activities as the fundamental cost objects. An activity is an event, task, or unit of work with a specified purpose; for example, designing products, setting up machines, operating machines, and distributing products, setting up machines, operating and distributing products. ABC systems calculate the costs of individual activities and assign costs to cost objects such as products and services on the basis of the activities of the activities undertaken to produce each product or service
For further details give me you ID i will mail you an useful file.
One of the best tools for refining a costing system is activity-based costing. Activity based costing (ABC) systems refine costing systems by focusing on individual activities as the fundamental cost objects. An activity is an event, task, or unit of work with a specified purpose; for example, designing products, setting up machines, operating machines, and distributing products, setting up machines, operating and distributing products. ABC systems calculate the costs of individual activities and assign costs to cost objects such as products and services on the basis of the activities of the activities undertaken to produce each product or service
For further details give me you ID i will mail you an useful file.
29 July 2010
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29 July 2010
Dear gi,
what is mean by material analysis
with example
with thanks
K.Arunkumar
what is mean by material analysis
with example
with thanks
K.Arunkumar
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