Steps In ABC Costing

Shahid Musthafa
Mind Map by , created over 6 years ago

Master ACCA F5: Performance Management (A1 :Activity Based Costing) Mind Map on Steps In ABC Costing, created by Shahid Musthafa on 07/13/2013.

110
2
1
Shahid Musthafa
Created by Shahid Musthafa over 6 years ago
Steps In Target Costing
Shahid Musthafa
Types of Conflicts In Budgeting
Shahid Musthafa
Relevant Cost Principles
Shahid Musthafa
Biology Unit 2 Flashcards
themoonisdown
Biological Molecules
Alisa Poppen
Traditional & Advanced Costing Methods
Shahid Musthafa
Market Research Techniques
Shahid Musthafa
Disadvantages of financial performance indicators
Shahid Musthafa
Merits & Demerits of ABC Costing
Shahid Musthafa
The modern manufacturing environment
Shahid Musthafa
Steps In ABC Costing
1 1
1.1 2
1.1.1 3
1.1.1.1 4
1.1.1.1.1 Determine how many units are made in each incidence of the cost driver .this is likely to vary for each unit
1.1.1.1.2 5
1.1.1.1.2.1 Work out the Cost that is absorbed by the each unit of the finished product
1.1.1.2 Work out the cost incurred each time the Activity Occurs.
1.1.2 Identify the activity that causes the cost .In ABC terminology that activity is the cost driver ,but it might be better to take it as the "COST CAUSER"
1.2 Identify a fixed overhead cost .

Media attachments