Question
Observe a business in your area, or a business with which you have worked previously. You may chose a manufacturing based business, a product selling
Observe a business in your area, or a business with which you have worked previously. You may chose a manufacturing based business, a product selling business, or a service provider, or any combination thereof. How would this business you have chosen, in your estimation, account for their costing and expense activities? What key activities should be accounted for? What individual and/or types of activities do you note, what might be the activity pools, and what might be the activity measures? In your opinion what would be the best method to account for costs associated with this business A) traditional cost accounting or B) activity-based costing?
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