Activity Based Costing, accounting, Basic Statistics

Activity Based Costing, Accounting
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 from large-scale manufacturing, yet according to the UK government Statistics Office[1] small and medium–sized enterprises (fewer than 250 employees) account for 99.9 per cent of all enterprises in the UK private sector, whilst representing 59.8 per cent of employment and 49.0 per cent of turnover. The UK services industries account for around 75% of total value–added in the UK[2], while the Public Sector accounts for about 45% of total UK spending.
Required:

Discuss how a small UK health-sector service provider 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.

Your answer must be supported by reference to relevant literature, logical argument, and MUST include worked examples to illustrate your arguments. All reference to literature must be referenced in Harvard Style. The validity and reliability of all literature must be considered except where its source is a peer-reviewed journal. The literature you refer to does not need to be about small UK health-sector service providers: you may find journal articles from other countries, or about non-health-sector small service providers, or articles about large enterprises. Such articles might help you to discuss applying the principles of ABC from one service organisation to another, from one country to another, or to discuss differences between large and small organisations.

Your work must be submitted to Turnitin on Blackboard in a Word document. Only one document may be submitted, any work in Excel or other software must be copied and pasted into your Word document.

Appendices are limited to three pages and MUST be referred to in the body of the essay.
Word limit: 2500 (not including references section or appendices)


Posted Date: 2/26/2012 5:58:07 PM | Location : United States







Related Discussions:- Activity Based Costing, accounting, Assignment Help, Ask Question on Activity Based Costing, accounting, Get Answer, Expert's Help, Activity Based Costing, accounting Discussions

Write discussion on Activity Based Costing, accounting
Your posts are moderated
Related Questions
What are the steps in a recruitment process and who are responsible for each step?

compute and interpret sample covariance for the data

How i can find accounting tutor for my homework due by today? I need urgent help in my homework, please let us know when i can get homework help

What are the differences between Histogram and Historigram, list out the points.

A bag contain 5 white , 7 red and 8 black balls. If four balls are drawn one by one without replacement, find the probability of getting all white balls.

X Ltd had 100000 9% redeemable preference shares of Rs.100 each full paid. The company decided to redeem these pref. shares at par by issue of sufficient number of equity shares of

Isotopes Elements having same atomic number Z, but different A mass number for example 126C, 146C and 11H 21H, 31H are isotopes of carbon and hydrogen. Isotones Elements havi

How can you use probability to improve your chances of winning at a casino