What is the difference between Conventional Cost Allocation Process and Activity Based Costing System ?

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Next Question:
In an Activity Based Costing System, which one of the following is the most appr...
Posted by:
Muhammad
17-September-2014

Cost Cost Accounting Cost Center Accounting Cost Control

Question added by Deleted user
Date Posted: 2014/08/19

Upvote (0) Views (4) Followers (1) Answers (1) Report Question

Write an Answer
Register now or log in to answer.

1 Answers

Khaled Abdelrehim ACCA DipIFR CMA

by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

the conventional method makes the volume the base for allocating the costs while ABC allocates costs based on the activities done

Downvote Reply () Report

Popular Searches

Sales Executive Jobs Engineers Jobs Engineering Technicians Jobs Driver Jobs Accountant Jobs

Write Your Answer

More Questions Like This

When calculating cost variances under a standard costing system we must:
Top Answer: C. See More

Answers (1)
Which one of the following alternatives correctly classifies the business application to the appropriate costing system?
Top Answer: D.Print shop >>>>> Beverage manufacturer See More

Answers (3)
To which management accounting technique does the following definition relate: ‘A costing system that enables the estimated cost of a product to be established?
Top Answer: <p><span>(b) Standard costing.</span></p> See More

Answers (8)
Which of the following is not a benefit likely to arise from the implementation of a ‘just in time costing system?
Top Answer: <p><span>(d) A reduction in production delays as a result of stock outs.</span></p&g ... See More

Answers (7)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.