As HOD of design department, you are required to design and produce the state of the art of photocopier machine. Essentially, you are also required to include costing of your product when it is ready for mass production. By using the ABC (Activity-based costing) method, please list down details of the costing and compute the costing for the newly designed photocopier.

Activity-based costing (ABC) is a costing method that assigns overhead and indirect costs to related products and services. This method of costing recognizes the relationship between costs, overhead activities, and manufactured products, assigning indirect costs to products less arbitrarily than traditional costing methods

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ABC Costing A powerful tool for measuring performance ActivityBased Costing ABC is used to identify describe assign costs to and report on agency operations A more accurate cost management system than ... View the full answer