User Account

All Pages

Activity-based costing system

Assignment Help Business Management
Reference no: EM131774935

Activity-Based Costing System

Activity-based costing is one of the most accurate methods that can be used to allocate overhead. However, it is not often used in many smaller organizations due to the substantial cost involved with its implementation.

Research the activity-based costing method. Use your research and/or your experiences as a working professional to complete this assignment.

Respond to the following:

  • If you have utilized an activity-based costing system in your former or current employment, describe how this system had been used. In your response, be sure to include your experience and position on the effectiveness of the activity-based costing system. Support your ideas by drawing on your readings and scholarly articles.
  • If you have not encountered this type of system in your work experience, assume a company needs to switch to an ABC system. Describe the common cost drivers that could be used.
  • How would the organization identify the cost drivers? 
  • How would the organization use them in the implementation of this system? You may use your former or current company for the analysis.

Write your initial response in 100-250 words

Reference no: EM131774935

Questions Cloud

Discuss accounts receivable are estimated be uncollectible : Based on an aging schedule of accounts receivable prepared on December 31, 2013, $14,800 of accounts receivable are estimated to be uncollectible
Recommend to improve the process for managing risk : What aspect of this approach seem to be effective and/or ineffective? What might you recommend to improve the process for managing risk?
Applying balanced scorecard : In many cases, managers end up in trouble as they direct their focus exclusively on cost savings. Cost cutting is always emphasized, but other impacts
Discuss what is the product cost per bicycle : What is the product cost per bicycle if the company uses absorption costing
Activity-based costing system : Activity-based costing is one of the most accurate methods that can be used to allocate overhead. However, it is not often used in many smaller organizations.
Determine the break-even in sales dollars first : If the margin of safety for Watkins Company was 40%, fixed costs were $1,867,200, and variable costs were 60% of sales, what was the amount of actual sales?
Reasons a statement of cash flows : What are some of the reasons a statement of cash flows may be important to users of financial statements?
Management targets an annual pretax income : The company's annual fixed costs are $562,500. Management targets an annual pretax income of $1,012,500.
Applying decision-making skills : As a manager, part of your role is to develop strategy, and share this strategy with various stakeholders within the organization.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd