Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

What is ABC Costing and how it is different from traditional costing method?

user-image
Question added by Saad Kapadia FCA - CIA - CFE - CISA - CRMA-FMVA , Head Of Internal Audit , Cenomi Centers - Joint Stock Company
Date Posted: 2015/04/09
Mirza Babar Baig
by Mirza Babar Baig , Accounting Manager , OMNISPIRE Education

Activity based costing (ABC) assigns manufacturing overhead costs to products in a more logical manner than the traditional approach of simply allocating costs on the basis of machine hours. Activity based costing first assigns costs to the activities that are the real cause of the overhead. 

More Questions Like This

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