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Cost and Management Accounting

   

Added on  2023-01-20

8 Pages1189 Words28 Views
Running head: COST AND MANAGEMENT ACCOUNTING
Cost and Management Accounting
Name of the Student:
Name of the University:
Author’s Note:

1COST AND MANAGEMENT ACCOUNTING
Executive Summary:
This report aims at analyzing the method of various cost accounting tools and its effective use in
practice to manage cost effectively and efficiently. Activity bases costing system is such an
emerging cost accounting tool which can be implemented to allocate the variable costs to various
products or production units. For better and practical understanding of the topic, Texas
Instruments Inc has been selected. Lastly, some recommendations have been made for successful
implementation of the AVC system.

2COST AND MANAGEMENT ACCOUNTING
Table of Contents
Introduction:....................................................................................................................................3
Overview of the Company:..............................................................................................................3
Concept of Activity Based Costing System:...................................................................................3
Cost and benefits of ABC System:..................................................................................................4
Manufacturing process of Texas Instruments Inc:...........................................................................4
Process of implementing Activity based costing system in Texas Instrument Inc:........................5
Conclusion and recommendation:...................................................................................................6
References and bibliography:..........................................................................................................7

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