This document provides instructions for an activity on understanding activity-based costing (ABC). Students are asked to watch a video that explains ABC and answer questions about the differences between ABC and traditional costing approaches. They are then instructed to read an article on implementing ABC and complete a glossary of unknown words and write a conclusion.
This document provides instructions for an activity on understanding activity-based costing (ABC). Students are asked to watch a video that explains ABC and answer questions about the differences between ABC and traditional costing approaches. They are then instructed to read an article on implementing ABC and complete a glossary of unknown words and write a conclusion.
This document provides instructions for an activity on understanding activity-based costing (ABC). Students are asked to watch a video that explains ABC and answer questions about the differences between ABC and traditional costing approaches. They are then instructed to read an article on implementing ABC and complete a glossary of unknown words and write a conclusion.
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.