Activity-based costing abcan accounting method that assigns, Ask an Expert

Accounting

Activity-Based Costing (ABC)

An accounting method that assigns identifiable costs and allocates common costs to definite product lines or business fragments Also known as product-line costing. By using this method, an organization can determine the profitability or income contribution that each motion, fragment, and product line brings to the organization as a whole.

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Financial Accounting, Accounting

Category:- Financial Accounting
Reference No.:- M9511452

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