Managerial Accounting ACCT 640

Consider Activity-Based Costing. How does the information from ABC differ from other costing techniques? In the context of your current work or a company you are familiar with, how might ABC work and how might ABC change decision-making? Would the cost of implementing ABC make it worth the improved decision-making from a qualitative basis in your example?

This question will help the students to understand why they need to study accounting. Question responses should be a minimum of 250 words, with a goal of 500 words with at least 1 outside, academic strength source.   A response to at least two of your classmates  is required.