Activity Based Costing (ABC) Model: Two Research Studies

This paper discusses two research-based journal articles relating to Activity Based Costing (ABC) model, which is used by many organizations that understand the value and importance of accurate and proper allocation of overheads or indirect costs. The paper explains the Activity Based Costing (ABC) method and discusses the purpose of the two studies as well as what research questions they set out to explore about the topic. Additionally, the similarities and differences in the findings of the two studies are also discussed in this paper, as well as four specific outcomes or lessons learned from the research findings of the two studies that will be useful for management accountants in Australian companies to learn from.