activitybasedcostingACC200 2009

activitybasedcostingACC200 2009 - Chapter 6 Activity-Based...

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Chapter 6 – Activity-Based Costing (ABC) u Recognize and describe the need for activity-based costing (ABC) u Classify overhead costs as unit, batch, product or facility level u Describe the two stages of an ABC system u Compute the cost of a unit of product using ABC u Compare traditional volume-based costing to ABC costing u Evaluate the benefits and limitations of ABC systems
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Management Decision Cycle FINANCING DECISIONS INVESTING DECISIONS OPERATING DECISIONS FUNDING OPERATING PROFIT INVESTMENTS
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Income Statements of Product Companies Income Statement Dell (2/1/08) Apple (9/27/08) $ % $ % Sales Revenues 61,133 100.0% 32,479 100.0% Cost of Goods Sold 49,462 80.9% 21,334 65.7% Gross Profit/Margin 11,671 19.1% 11,145 34.3% Selling/General/Administrative Expenses (7,538) 12.3% (3,761) 11.6% (693) 1.1% (1,109) 3.4% Other Income/Expenses 387 0.6% 620 1.9% Income Tax (880) 1.4% (2,061) 6.3% Net Income Income After Tax 2,947 4.8% 4,834 14.9%
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This note was uploaded on 04/21/2009 for the course ACC 200 taught by Professor Buckless during the Spring '08 term at N.C. State.

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activitybasedcostingACC200 2009 - Chapter 6 Activity-Based...

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