Activity Based Costing
Activity Based Costing
Activity Based Costing
Activity-based costing is the process of assigning overhead and indirect costs like salaries and utilities to products and services. Moreover, the cost driver rate is used for calculating the amount of indirect and overhead costs related to a particular activity.
So, if you want to validate your skills of activity-based costing then you should definitely take this exam.
Topics Covered
- Understanding managerial accounting and cost behaviour
- What is cost-volume-profit analysis?
- Understanding cost allocation
- Relevant costs
- Benefits
Activity Based Costing FAQs
What are the objectives of ABC analysis?
- Reducing capital costs
- Decreasing obsolete inventory
- Improvising rate of inventory turnover
Which groups are targeted in this exam?
This exam is intended for-
- Students and graduates
- Finance enthusiasts
- Analysts
- Managers
- Other interested candidates
What is Activity Based Costing?
Activity-based costing is the process of assigning overhead and indirect costs like salaries and utilities to products and services. Moreover, the cost driver rate is used for calculating the amount of indirect and overhead costs related to a particular activity.
What are the required skills for this exam?
- Strategic thinking
- Technical understanding
- Analytical skills
- Ease with technology
What do we study in this exam?
- Understanding managerial accounting and cost behaviour
- What is cost-volume-profit analysis?
- Understanding cost allocation
- Relevant costs
- Benefits