Activity-based costing

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Revision as of 08:37, 10 February 2019 by imported>Doug Williamson (Add abbreviation.)
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Cost and management accounting.

(ABC).

Activity-based costing is a more refined development of absorption costing.

Activity-based costs are allocated to cost pools, such as set-up or quality control costs.

Allocation of the pooled costs to units of production is then undertaken based on their consumption of these activities.


See also