Activity Based Costing (ABC)

Activity Based Costing > Forum Log in

Activity Based Costing (ABC)
PWCoopers, England
Company's who use ABC method have a more chance in surviving under recession rather than company's who use Traditional Based Costing.

Brandon, UK
Activity Based Costing method is more accurate for costing of products / services, customers. It also makes wastes visible where as company's can take action. The disadvantages are it is time consuming and expensive. Overall the pros outweigh the cons, even my wife feels ABC method can be used in the bedroom to eliminate any wastes and taking time (time consuming) is better.

A Real World Example of ABC
CHEN Patrick, China
Dear Brandon,
Actually, i'm learning ABC. You said your wife used ABC in the bedroom, could you make it detailed? Because I think a real life example other than business examples can help me understand ABC more deeply. Thanks a lot!



    Do you wish to study further? You can learn more from the summary, forum, discussions, lessons, courses, training, instructions, expert tips, best practices and education sources. Register.  

Special Interest Group Leader

You here

More on Activity Based Costing
Best Practices

Expert Tips


About 12manage | Advertising | Link to us | Privacy | Terms of Service
Copyright 2016 12manage - The Executive Fast Track. V14.1 - Last updated: 25-10-2016. All names tm by their owners.