Cost Accounting

Topics:
Strategic Management Tools
Tags:
Accounting,
Activity Based Costing,
Activity Based Costing Method,
Finance,
Financial Services,
Managerial Accounting,
Operational Accounting,
University Of Tulsa
Source:
University of Tulsa

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Overview: Cost accounting enables the management to readily comprehend the subtle cost connotations involved in each stage of the organization’s operating cycle. This information is needed for future economic planning. The cost centers form the intermediate level between input resources and output in the organization. Activity Based Costing (ABC) method computes the overall product cost taking into account the cost involved in the intermediate activities leading to delivery of the final product. The paper examines these issues.

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Format: HTML | Size: 229KB | Date: Jan 2003 | Pages: 46

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