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Questions and Answers

This topic has 1 reply, 2 voices, and was last updated 7 years ago by John Moffat.

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August 2, 2017 at 7:46 pm #400076
Arjun
Member
- Topics: 2
- Replies: 2
Why is ABC felt to give a more useful product cost than classic absorption costing (with overheads absorbed on labor hours) if labor costs are a relatively minor proportion of total costs??
Can anyone explain it to me please?
thanks
August 3, 2017 at 8:05 am #400180
John Moffat
Keymaster
- Topics: 57
- Replies: 54684
Why do you not watch my free lectures on ABC, because this is explained in the lectures? The lectures are a complete free course for Paper F5 and cover everything needed to be able to pass the exam well.
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