Question: 1 . In what ways does ABC differ from Job Costing and Process Costing 2. Define the concepts and give an example for each concept

1 . In what ways does ABC differ from Job Costing and Process Costing

2. Define the concepts and give an example for each concept

a. Unit level activities

b Batch level activities

c Product level activities

d Customer level activities

e. Organization sustaining activities

What type of activities should not be assigned to products in ABC?

4. Why are there 2 stages of allocation in ABC?

5. When ABC is used, why is MOH often shift from high volume products to low volume products

6. How can you apply these concepts in your workplace. If your company is already using ABC, share the cost pools and activity measures used including the allocation method.

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