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Activity Based Costing - Accounting Tools

   

Added on  2021-05-27

10 Pages1915 Words33 Views
Name of StudentTopic- University Name-
Activity Based Costing - Accounting Tools_1
EXECUTIVE SUMMARYWith the increasing complexity of the busienss organization, every company shouldindulge in implementing ABC model for effective recording of cost in the business. It isobserved that activitity based costing model is the main effective tool which could beundertaken by the company to record the costs and expenses of company. In this report,Resolute Mining Company has been taken into consideration to evaluate use andeffectiveness of the ABC costing model in business.
Activity Based Costing - Accounting Tools_2
Table of ContentsEXECUTIVE SUMMARY........................................................................................................3INTRODUCTION......................................................................................................................3ACTIVITY BASED COSTING- A MANGERIAL ACCOUNTING TOOL...........................3EXPLAINATION..................................................................................................................3FEATURES............................................................................................................................3ALLIGNMENT OF ACTIVITY BASED COSTING MODEL: CASE STUDY OF RESOLUTE MINING LIMITED..............................................................................................4MISSION AND OBJECTIVES.............................................................................................4RESOLUTE MINING BUSINESS STRATEGIES...............................................................4BENEFITS THAT ACTIVITY BASED COSTING MODEL CAN ADORN RESOLUTE MINING WITH.....................................................................................................................5RECOMMENDATIONS: IMPLEMENTATION OF ABC MODEL IN RESOLUTE MINING.....................................................................................................................................7ALTERNATE MANAGERIAL REPORTING TOOL FOR RESOLUTE MINING...............8Conclusion..................................................................................................................................8References..................................................................................................................................9
Activity Based Costing - Accounting Tools_3

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