Activity-based costing (abc), Financial Accounting

Activity-Based Costing (ABC)

An accounting method that assigns identifiable costs and allocates common costs to definite product lines or business fragments Also known as product-line costing. By using this method, an organization can determine the profitability or income contribution that each motion, fragment, and product line brings to the organization as a whole.

Posted Date: 10/15/2012 2:15:19 AM | Location : United States

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