Page 61 - MAC4861_2 Costing Class Slides Part 1
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TEST 3 - COSTING
Objectives
• Describe the differences between activity-based and
traditional costing systems;
• Identify environments that are favourable for the
implementation of an ABC system.
• Explain why traditional costing systems can provide
misleading information for decision-making.
• Identify and explain each of the four stages involved in
designing ABC systems.
• Apply an activity-based costing approach to costing
information.
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