Activity-based costing and throughput accounting, Cost Accounting

Assignment Help:

The  basic  principles  of  standard  costing  and  variance  analysis  may  be  adapted  to  the needs of  relatively  new  methods  of  accounting  such  as  activity-based  costing  and throughput accounting.

Requirements

(a)  Describe the  core  concept  behind  Activity-based  costing  insofar  as  it  relates  to variance  analysis  and  talk about the manner  in  which  variance  analysis must  be adapted when in ABC mode.

(b)  Describe the  core  concept behind  Throughput Accounting  insofar as  it  relates  to variance  analysis  and  talk about the manner  in  which  variance  analysis must  be adapted when in TA mode.  


Related Discussions:- Activity-based costing and throughput accounting

Contract costing, format of contractee account and an example

format of contractee account and an example

Importance of variance analysis, Importance of Variance Analysis Varia...

Importance of Variance Analysis Variance analysis is aimed at getting practical pointers to the purposes of off-the -standard performance hence management can improve operatio

#title., how does idle capacity effect cost behavior patterns and factory o...

how does idle capacity effect cost behavior patterns and factory overhead application methods

Cost account ledger system, Cost Account Ledger System A cost account ...

Cost Account Ledger System A cost account ledger system is essential to analyze accounting information in order such costs may be accumulated for individual cost centers and c

Inventory valuation, How the FIFO, LIFO and AW problems can be solved?

How the FIFO, LIFO and AW problems can be solved?

Objectives of budgetary planning, Objectives of Budgetary Planning 1...

Objectives of Budgetary Planning 1) Coordination The budgetary process needs that visible detailed budgets are developed to cover every activity, function or department

Prepare a cash flow forecast, 1.  Prepare a cash flow forecast for the prop...

1.  Prepare a cash flow forecast for the proposal to launch SafeCus in 2010 for a three-year period from 1 January 2010 using the data in the body of the Case Study and discount at

Definitions of manufacturing concepts interstate, Definitions of manufactur...

Definitions of manufacturing concepts  Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended:  Materials and supplies used

Importance of cash and cash flow statement, Cash is the other form of fund ...

Cash is the other form of fund although in a narrow sense, this refers to a supply which can be drawn upon as per to the need. Here the term cash involves both cash and cash equiva

Cvp analysis in situations subject to change, CVP Analysis in Situations Su...

CVP Analysis in Situations Subject To Change Revenue and Cost will change and also sales volume because of a number of factors involving: a) Increased competition may need

Write Your Message!

Captcha
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!

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