Author Topic: Costing Accuracy vs. the Cost of Costing  (Read 61 times)

Offline fahmidaemran

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Costing Accuracy vs. the Cost of Costing
« on: November 11, 2018, 12:48:15 PM »
Costing Accuracy vs. the Cost of Costing
For the profitability figures appearing in Table 7 above, the activity-based costing results may be taken as the more accurate results—more closely reflecting the "true" production costs of products A and B—than the profitability figures from the traditional costing approach. Whether or not the improved accuracy justifies the higher expense of applying this costing method, however, is something management will have to investigate and answer before committing to a comprehensive new approach to cost accounting.

Source: https://www.business-case-analysis.com/activity-based-costing.html
Best Regards,
Fahmida Emran
Lecturer,
Department of Business Administration
Faculty of Business & Economics
Daffodil International University

Offline rayhanul.bba

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Re: Costing Accuracy vs. the Cost of Costing
« Reply #1 on: July 12, 2019, 11:21:24 PM »
It can be a research topic dear madam
Md. Rayhanul Islam
Senior Lecturer
Department of Real Estate
Facuty of Business & Entrepreneurship
Daffodil International University