Please enable JavaScript.
Coggle requires JavaScript to display documents.
Activity-Based Product Costing - Coggle Diagram
Activity-Based Product Costing
Unit Costs
Total cost
Units produced
Normal costing
Predetermined rates
Affects
Bids submitted for special products
Development, introduction of new products
Decisions
Make or buy product
Accept or reject special order
Keep or drop product
Functional-based costs
Direct tracing
Driver tracing and allocation
Capacity levels
Expected
Normal
Theoretical
Practical
Drivers
Unit-level drivers
Non-unit level activity driver
Overhead
Unit-based activity
Fixed and variable
Activity-based costing
Resource driver
Fixed overhead varies to changes
Classification of activities
Unit level
Batch level
Product level
Facility level
Reduce size
Consumption ratios
Approximating ABC
Cause and effect