Activity Based Costing and Time Driven Activity Based Costing: A Comparative Study

Managerial Accounting Assignment

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By student name
Professor
University
Date: 5th Sep, 2018.
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Executive Summary
Activity based costing has emerged as one of the latest technologies and cost accounting tool for
the management accountants with a lot of enhancements and refinements. The report has been
prepared on the topic of activity based costing and two research based journal articles has been
studied and analysed to reflect the real life business scenario and how ABC costing helps the
organization in the real life business conditions. The report also shows what were the advantages
of the Activity Based costing over the traditional costing methods and what its disadvantages are.
The shortcomings in the activity based costing was overcome by Time Driven Activity based
costing and the same has been discussed through the case studies and the results in real life
scenario. The similarities and difference in the two studies has been mentioned along with the
key learnings from both the research articles. Finally, towards the end, the conclusion and
recommendation has been given to the entire study and research.
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Contents
Executive Summary.....................................................................................................................................2
Introduction.................................................................................................................................................4
Disadvantages of ABC costing technique.....................................................................................................5
Discussion on the two journals....................................................................................................................5
Explanation of the Selected Management Accounting Topic..................................................................5
Purpose of the studies and the research questions set out to be explored............................................6
Similarities and differences between the findings of the 2 studies.........................................................7
Conclusion...................................................................................................................................................8
Specific outcomes and relevant learnings from the research findings....................................................8
References.................................................................................................................................................10
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