Overhead Costs Company Example

This week we covered Chapter 3, Process Costing and Chapter 4 Activity Based Costing.Process Costing is for manufacturers which assemble products that are identical.Activity Based Costing assigns costs to overhead activities and then assigns those costs to the assembled products.Using the company in your Week 1 post, please identify some overhead costs in the manufacturing operations.What makes these overhead costs and what cost driver should be used to apply the overhead costs to the products?

THIS WAS MY WEEK 1 DISCUSSION

The company I chose is:

legal name: Raymond Limited which is situated in Mumabi into the business of garments manufacturing.

Raj is the CFO of the company. Everyday, Raj deals with financial decisons that could make or break the company. As a result, he advises the business from the perspective of its profits, cash standing, and costs. Raj fills an important role in business.