Allocating overhead using Activity Based Costing will provide companies with the most accurate product cost information needed to make the pricing decisions that are critical to their success.
This Activity Based Costing training explores an alternative way to identify, pool and allocate indirect costs and overheads: Activity Based Costing (ABC).We discuss the challenges of implementing an Activity Based Costing System as well as the benefits, particularly more accurate product costs, that companies using ABC enjoy.
- Teacher: umer data
SKU *: crs-1546143
Sell price $: 24.00
Course Preview:
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Course Short Description:
This course explores new methods to implement Activity Based Costing (ABC).
credit Hours: 0
CPE Credits Awarded *: 1
Approval Status: - None -
Course is for: ** Main Course Library **
Course Duration: 1
Complexity of Content: Foundational
Suppress in lists: No
Last Updated/Reviewed Date: March 11, 2024
Prerequisitses:
No advanced preparation or prerequisites are required for this course.
Learning Objective:
- Analyze how activity based costing works and where it can bring the best results.
- Describe the differences between traditional methods of applying overhead and activity based methods as well as the four critical factors to consider.
- Observe the three critical steps for implementing and using activity based costing in your organization.
- Analyze how to select the most appropriate costs driver to apply activity based costs pools.
- Distinguish the types of activities, including unit, batch, product and facility costs, their hierarchy and relationship to one another.
Course Type: CPE Course
Format: On Demand
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Excel: No
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Internal Audit: No
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Field of Study: Accounting
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CPE Credits: 1
Field of Study: Finance
CPE Delivery Method: QAS Self-Study
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*Program Level: Basic
*Prerequisites:
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Hours: 1
Field of Study: Finance
CPE Delivery Method: QAS Self-Study
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CPE Credits: 1
Field of Study: Finance
CPE Delivery Method: QAS Self-Study
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*Program Level: Basic
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CPE Credits: 1
Field of Study: Finance
CPE Delivery Method: QAS Self-Study
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*Program Level: Basic
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Field of Study: Specific business topics such as finance and others
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CPE Credits: 1
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