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In 250 words or more, wow can broad averaging (peanut butter costing) inappropriately cost products or services? What are the potential problems that can arise
In 250 words or more, wow can broad averaging (peanut butter costing) inappropriately cost products or services? What are the potential problems that can arise from using a traditional costing system? Give an example of a well-known company, and identify what it might use to allocate overhead costs to products using a traditional system. Next, indicate what activities the company might identify if they were to use an ABC system. Why might an ABC system be better? Participate in follow-up discussion by adding to your classmates comments.
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