Managerial-Accounting-Group-Presentation1.pptx - ACTIVITY...

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ACTIVITY BASED COSTING IN PRATT & WHITNEY CANADA Presented By: Garima Joshi Manjeel Vetwal Rachana Adhikari Suruchi Poon Suyash Nahata
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ADVANTAGES OF ABC ABC provides accurate costing of products/services. ABC system integrates well with Six Sigma and other continuous improvement programs. The depth study of overheads cost under ABC system makes all wastages visible to management and all non- value added activities to know them . Thus better controls can be exercised on them It supports performance management and scorecards. It helps in benchmarking other products.
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PRATT & WHITNEY CANADA Founded in 1928 Canada based aircraft engine manufacturing Company A division of the larger US-based Pratt & Whitney (P&W) which is a business unit of United Technologies Company currently has about 10,000 employees worldwide, with 6,000 of them in Canada Leads the world in the design and production of small and medium gas turbine engines for business aircraft, helicopters, regional transportation, military trainers, utility aircraft, auxiliary power units, and industrial and marine applications
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