You been hired as new Consultant for a Pharmaceuticalcompany that creates vaccines for pandemics, flus, etc.Youbeen asked to write briefing for the CEO and CFO to explain how moving from Job Order Costing to ABC costing can assist the company.

https://www.cdc.gov/vaccines/programs/vfc/awardees/vaccine-management/price-list/index.html

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Your discussion post should cover the following points:

1.Why ABC?

2.What value can be derived from ABC Costing?

3.How will the ABC costing assist management for managing budgets and costs?

4.What is the long term benefits of using ABC costing?