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Where is activity-based costing information helpful?
EncofBizandFinance
ABC information is extremely helpful in the strategic analysis of areas such as process and plant layout redesign, pricing, customer values, sourcing, evaluation of competitive position, and product strategy.
Wiki User
∙ 13y ago
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What does PRICE stand for?
PRICE Protection, Rest, Ice, Compression, Elevation PRICE Parametric Review of Information for Costing and Evaluation PRICE Program Review of Information for Costing & Evaluation
Criticisms of absorption costing?
Full costing information is perceived by some critics as not very useful, because it can be backward-looking: example- it includes information irrelevant to decision making, but excludes some relevant information.
Define process costing its types features applications?
Job Order Costing Operation Costing Normal Costing Actual Costing Standard Costing Kaizen Costing Target Cost
Is direct costing the same as variable costing?
Variable costing is called marginal costing while direct costing is separate concept.
What are the two adjectives in these sentence Other writings also supplied helpful information?
"Other writings also supplied helpful information." The adjectives in the sentence are other and helpful. An adjective is a word that describes something. Other describes what kind of writings. Helpful describes what kind of information.
Is a hospital a job costing or process costing?
a job costing
What is the and purpose of Job Costing Process Costing?
outline the characteristics and purpose of: Job costing and process costing
What is the job costing and give you the example?
Labour costing. Material costing
Is the marginal costing called direct costing?
Yes marginal costing is also sometimes called direct costing.
If you were a candy manufacturer which costing system should you use full absorption costing or variable costing?
full absorption costing
Differences between costing method and costing techniques?
Methods of Costing The cost of products or services is determined using several methods. The use of a given method is dictated by such factors as: the nature of cost units, the production process, the mode of cost accumulation, the duration of work etc. The following are the well established methods of costing a. Job / Batch costing b. Contract costing c. Process costing d. Service costing Techniques of Costing Irrespective of the type of costing method being applied there are various approaches that could be adopted. These are:  Full Absorption costing  Marginal costing  standard costing using  absorption costing  marginal costing
What is the characteristics and purpose of Job Costing and Process costing?
what is the purpose of process costing?
