Activity-based costing concept


Think about an organization that you are familiar with. How can activity-based costing (ABC) be used in that organization to help it achieve its objectives?

You may already use ABC in your organization. If so, what value, if any, does it provide?

Have you won any tight bids because of it?

Have you discovered any major mis-measurements in your previous method?

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Accounting Basics: Activity-based costing concept
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