Task: Report on Activity Based Costing

'Activity Based Costing (ABC) has been recommended as an alternative to traditional methods due to its ability to provide more accurate costing of products/services. The adoption of ABC has however received mixed reaction in terms of its adoption.'

Required

Assume that you are a management accounting trainee working in a manufacturing organisation with multiple products and your supervisor is considering the adoption of ABC in your organisation. Prepare a report for your supervisor that meets the following requirements.Undertake research of the literature (academic and professional) and provide a report that outlines the experience (positive and negative) of organisations over the past ten years following the adoption of ABC. Provide a recommendation to your supervisor on whether ABC should be adopted in your organisation.

Your report should be structured as follows:

Introduction

Body

Conclusion

Reference List