course: accounting information system

The production cycle consists of all activities related to the conversion of raw materials into finished goods. The cycle is comprised of seeral distinct components, involving the design of products, their incorporation into a production schedule, manutacturing activities, and a cost accounting feedback loop.

Required:

As a qualified accountant, share your knowledge on integrating activity-based costing ((ABC) into accournting information system by discussing FOUR (4) relevant points. (4 marks)