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MANAGEMENT ACCOUNTING PROJECTS DUE & PRESENTED ON each d the Assume you are hire

ID: 2407459 • Letter: M

Question

MANAGEMENT ACCOUNTING PROJECTS DUE & PRESENTED ON each d the Assume you are hired as business consultants for each of the cases comments made in case 2. Your response s whether you agree or disagree with the statement a costs and benefits associated with the case.) ould assume you are talking directly to the CE ment the potential and justify your response. (Hint: Consider Case 2- Your group is meeting with the CEO of a relatively large company that produces hundreds of expensive custom computers. After lengthy discussion regarding the company's costing system, the CEO makes the following statement: "From what I have seen at other companies lately, activity-based costing is the wave of the future. Everyone, including us, should drop existing cost systems and adopt A8c

Explanation / Answer

Answer : I agree with the statement of Activity Based Costing which was proposed by CEO THE REASON IS

It provides a more accurate method of product or service costing, which results in more accurate pricing decisions.

it increases the scope of understanding of overhead and cost drivers,and makes costly and non value adding activities more visible, this results in managers/CEO'S to reduce and eliminate

I hope my opinion we be acceptable thank you