National University Of Ireland, Dublin
Management Accounting
(MA)
MAIN ASSIGNMENT
NUID: BSc 14B Finance
Lecturer: Jane Cao
Name: Pham Thi Thanh Dung
Student Number: 10286411
Date of submission: Nov 28, 2011
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Table of content I- Introduction
II- Approach 1- Current costing system
2- ABC system
III- Calculation
IV- Analyze the key figures calculated
V- Limitation of ABC system
VI- References
I- Introdution In today’s advanced manufacturing and competitive environment, accurate costing information is crucial for all the kinds of businesses, such as manufacturing firm and service firms. Activity-Based Costing system (ABC) has increasingly
References: Cokins, Gary. “Why Is Traditional Accounting Failing Managers?” Hospital Material Management Quarterly 20, no. 2 (November 1998): 72–80. Garrison, Ray H., and Eric W. Noreen. Managerial Accounting. 9th ed. Boston: Irwin McGraw-Hill, 1999. James Jiambalvo. Managerial Accounting. Fourth edition. University of Washington, 2008. Activity-based costing system: http://www.theacagroup.com/activitybasedcosting.htm Advantages, Disadvantages and Limitations of Activity Based Costing (ABC) System http://www.accountingformanagement.com/limitations_of_activity_based_costing.htm