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Course Description

To create a single product or service, it typically takes a series of investments in capacity. Activity-based costing is a significant advance in cost accounting that captures this sequence of investments and may help you increase your profit margin without performing more labor. In this lesson, you'll examine when and how to use activity-based costing. You’ll identify cost hierarchies and compare activity clusters across firms and outputs. Finally, you’ll examine an activity-based costing success story.

Benefits to the Learner

  • Identify cost hierarchies that may be used to reduce expenditures
  • Investigate activities that may be over- or undercosted using traditional systems
  • Explore activity-based costing as a method to improve profitability    
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Type
self-paced (non-instructor led)
Dates
Dec 01, 2023 to Dec 31, 2030
Total Number of Hours
1.0
Course Fee(s)
Regular Price $0.00
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