About this document
Understanding Activity Based Costing by Ankit Sharma is a document available to read on EtoBox.
This presentation provides an overview of activity based costing (ABC). ABC traces costs to activities and then to products based on their use of activities. It aims to remove cost distortions, help with decision making, identify value-adding activities, and distribute overhead costs based on activities. ABC works by understanding manufacturing processes, studying activities, assigning costs to activity cost pools, identifying cost drivers, and allocating costs to products. It classifies activities as unit,
- Author
- Ankit Sharma
- Language
- EN