This video provides an explanation of Activity-Based Costing using a simple example compared to using a single overhead absorption rate. It also covers the benefits and drawbacks of ABC.
The video will be useful for management accounting students and also MBA students, or students on courses where accounting and finance for part of the content, but who do not have any previous knowledge of management accounting costing techniques.
This video gives a more detailed example of how ABC works using a company that produces three products.
The video will be useful for management accounting students.
This video provides an explanation and a worked example of Time Driven Activity Based Costing.
A useful management accounting technique that can be used by service led organisations.