WEEK 4 CHAPTERS 5 & 6
1. EXPLAIN THE STRATEGIC ROLE OF ACTIVITY-BASED COSTING.
2. DESCRIBE ACTIVITY-BASED COSTING (ABC), THE STEPS IN DEVELOPING AN ABC SYSTEM, AND
THE BENEFITS AND LIMITATIONS OF AN ABC SYSTEM.
3. DETERMINE PRODUCT COSTS UNDER BOTH THE VO
WEEK 3 CHAPTERS 3 & 4
1. UNDERSTAND THE STRATEGIC ROLE OF BASIC COST CONCEPTS.
2. EXPLAIN THE COST DRIVER CONCEPTS AT THE ACTIVITY, VOLUME, STRUCTURAL, AND
3. EXPLAIN THE COST CONCEPTS USED IN PRODUCT AND SERVICE COSTING.
Theory of Constraints
An example that comes to me, when I was managing a Radio Shack store was when the
company wanted to play catch up with the big boy stores like BestBuy, Walmart amazon and
other big electronic stores. RadioSha