Discuss how a small UK education-sector organisation might use ABC to (a) produce product costs for services, and to (b) evaluate the internal efficiency, quality and profitability per product or service line. Both benefits and drawbacks must be considered
Assignment Requirements Traditional cost accounting has been based on allocating a subjective or calculated range of indirect expenses to direct costs. Activity Based Costing (ABC) offers an alternative approach. Much of the textbook work on ABC refers to examples Read More …