How much does it truly cost to produce a product or service?
In addition to clear costs of materials and labor, companies must also find a way to divide the shared costs of rent, utilities, and more.
The ABC method is a useful tool for doing this.
ABC stands for Activity-Based Costing.
In this course, you’ll learn about two types of costs companies incur – direct and indirect, as well as the steps of the ABC method. Finally, you will see an example of how the ABC method can be performed.
The ABC method is a valuable way for companies to better understand how much it costs them to perform certain activities.
Join us, and learn how to apply the ABC method, today!
