Susanna Towne
Dec 11, 2024
What sometimes makes implementation of activity-based costing difficult in service industries is identifying activities, activity
What makes the implementation of activity-based costing (ABC) challenging in service industries is the difficulty in identifying activities, activity cost pools, and cost drivers. A significant factor is that a larger proportion of overhead costs are often company-wide costs. Additionally, there is the challenge of attempting to reduce or eliminate non-value-added activities, as well as the complexity involved in accurately labeling activities as value-added or non-value-added.
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