Activity Based Costing Systems

Good Essays
Topics: Costs, Cost
Activity-Based Costing Systems
Research Paper

|Matthew East |
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| |
| |
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|ACCT 311 Cost Accounting |
|Professor Keith Wargo |
|September 26, 2011 |

Activity-Based Costing Systems

All over the world businesses, from major corporations to small sole proprietorships, use different costing systems to account for their operations. These costing systems help a company to gauge the cost of producing their product. From the cost of labor to the cost of materials, costing systems provide a basis for companies to gain important information on operations and performance. Activity-Based Costing is one of many costing systems currently used by companies today. In this paper, it is the intent of this writer to describe Activity-Based Costing, identify



References: Agbejule, A. (2006). Motivation for activity-based costing implementation; Administrative and institutional influences. Journal of Accounting & Organizational Change, 2(1), 42. Retrieved September 26, 2011, from the ProQuest database. Buys, P., & Green, K. (2006, November 1). Strategic Costing Techniques - Activity based Costing. Accountancy SA , 1, 36. Lanen, W. N., Anderson, S. W., & Maher, M. W. (2011). Fundamentals of Cost Accounting (3rd ed.). New York, NY: McGraw Hill/Irwin. Phillips, K. (2011, May 1). Activity-based Costing: beware of the pitfalls. Accountancy SA , 1, 9. Tarr, J. (n.d.). ACA Group - Activity Based Costing. ACA Group - Business & Management Consulting and Training for manufacturing and service organizations. Retrieved September 22, 2011, from http://www.theacagroup.com/activitybasedcosting.htm

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