Meaning Activity based costing
What does Activity based costing mean? Here you find 5 meanings of the word Activity based costing. You can also add a definition of Activity based costing yourself
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Activity based costingAn accounting system that assigns costs to a product based on the amount of resources used to design, order or make it.
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Activity based costingA cost accounting system that ties actual costs to the direct performance and value of activities. Costs are not allocated based on a formula, but are traced and charged to specific activities.
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Activity based costing("ABC") A methodology that measures the cost and performance of activities, resources, and cost objects. Resources are assigned to activities, then activities are assigned to cost ob [..]
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Activity based costingRefer to Costing, Activity Based
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Activity based costing allocates the cost of specific resources based on the actual consumption of them. acctivate Acctivate
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