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Activity Based Costing

Activity Based Costing

Free Practice Test

FREE
  • No. of Questions30
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice
  • TypeExam Format

Practice Exam

$12.99
  • No. of Questions30
  • AccessImmediate
  • Access DurationLife Long Access
  • Exam DeliveryOnline
  • Test ModesPractice, Exam
  • Last UpdatedAugust 2024

Online Course

-
  • Content TypeVideo
  • DeliveryOnline
  • AccessImmediate
  • Access DurationLife Long Access
  • No of videos-
  • No of hours-
Not Available

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

  • Reducing capital costs
  • Decreasing obsolete inventory
  • Improvising rate of inventory turnover

This exam is intended for-

  • Students and graduates
  • Finance enthusiasts
  • Analysts
  • Managers
  • Other interested candidates

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.

  • Strategic thinking
  • Technical understanding
  • Analytical skills
  • Ease with technology
  • Understanding managerial accounting and cost behaviour
  • What is cost-volume-profit analysis?
  • Understanding cost allocation
  • Relevant costs 
  • Benefits

 

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