Question: What is an Activity - Based - Costing ( ABC ) system? How would implementing such a system benefit a company? Are there constraints that

What is an Activity

-

Based

-

Costing

(

ABC

)

system?

How would implementing such a system benefit a company?

Are there constraints that should be kept in mind when implementing ABC systems?

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An ActivityBased Costing ABC system is a cost accounting method that assigns costs to products services or activities based on the resources consumed by each Unlike traditional costing methods that al... View full answer

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