ABC find out how Activity Based Costing can save you money and time
A costing system that identifies the various activities performed in a firm and uses multiple cost drivers (non-volume as well as the volume based cost drivers) to assign overhead costs (or indirect costs) to products. Activity based costing considers the impact and relationship of cost drivers with activities performed. Activity Based Costing can really help and is a major factor in lean, 5s, 6s, 6 sigma to find out more information on ABC or lean principles please click on the blue link.
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