Traditional costing and why a better approach is
Essay of 3 to 4 pages about traditional costing and why a better approach is or/was needed. Activity based costing (ABC) is the solution since it will enhance the accuracy and effectiveness of costing products by applying overhead costs where they belong. Explain how is this helpful to managers? Share any experiences that you had with costing techniques in personal and/or professional decision making.
.Essay must contain minimum or 3 or 4 pages with minimum of nine (9)long!!!! paragraphs.
Essay accounting from book: Noreen, E.W., Brewer, P.C. & Garrison, R.H. (2020). Managerial Accounting for Managers. 5th edition.
Chapter 5: Activity-Based Costing: A Tool to Aid Decision Making
Also can look information from: Walther, L. (2020). PrinciplesofAccounting
Need to be minimum 9 long paragraphs. With references: Articles from 2009 – present only. Use the University online library, searches like ProQuest.
No Wikipedia, BLOGS with Ads from Yahoo, UKEssay.com; Buzzle.com, or sites
that challenge as they present a biased opinion. Google Scholar is also accepted.
Could use information from The Big 4 CPA firms’ websites provide current (published in 2017 or 2016) publications relevant to this course. Here are the Big 4 CPA firms’ websites: KPMG.com EY.com Deloitte.com PWC.com
Format everything, including references APA Version 7th.( Publication Manual of the American Psychological Association (APA), 7th ed. (2019, October 1). Washington, DC: American Psychological Association ).
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