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INTRODUCTION ACTIVITY BASED COSTING OR ABC

objective: know and identify the characteristics of ABC costs

Watch the following video and respond next question


3 Minutes! Activity Based Costing Managerial Accounting Example (ABC Super Simplified)
https://www.youtube.com/watch?v=ivlI0HvUPQo

1. what is the situation that is presented in the video?


2. what is the difference between Activity based Costing and traditional costs?
3. what does "Costs equally" mean in the video?
4. what is the purpose of ABC costs?

According to the following reading solve the questions:


Jong, J., & Kleiner, B. (1997). How to implement activity-based Costing. Logistics
Information Management, 68-72.Recuperado de:
https://www.emerald.com/insight/content/doi/10.1108/09576059710815725/full/pdf?tit
le=how-to-implement-activitybased-costing

5. Make a glossary of unknown words (minimum 10 words)


6. Write a personal conclusion about reading (minimum fifty words)

NOTE: The work must be developed in English, by hand and loaded individually on
platform, the content will be applied in the next part.

Successes and blessings

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