This week’s topics
Activity-Based Costing and Management
- Cost drivers and cost pools
- Customer and product profitability analysis
- Activity-based budgeting
- Comparative analysis with traditional absorption costing
- CIMA P2 Activity Based Costing & Activity Based Management
- CIMA P2 Customer and Product Profitability Analysis
- Activity Based Costing part 3 - Advantages of, and problems with - ACCA Performance Management (PM)
What you will be able to do
- 3.1 Evaluate the usefulness of activity-based costing.
Activity
Start with this week’s 3 videos, then: Seminar, guided reading and a short written task: evaluate the usefulness of activity-based costing.
Study materials
Videos
- CIMA P2 Activity Based Costing & Activity Based Management · YouTube · OpenTuition · 40 min · for registered students
- CIMA P2 Customer and Product Profitability Analysis · YouTube · OpenTuition · 24 min · for registered students
- Activity Based Costing part 3 - Advantages of, and problems with - ACCA Performance Management (PM) · YouTube · OpenTuition · 12 min · for registered students
Further resources
- An Empirical Study of Activity-Based Systems in Ireland · PDF · Reading, article · for registered students
- Managerial Accounting, ch. 3: How Does an Organization Use Activity-Based Costing to Allocate Overhead Costs? · PDF · Saylor Academy, textbook chapter; pp. 128–197 · for registered students
- Principles of Accounting, Volume 2: Managerial Accounting, ch. 6: Activity-Based, Variable, and Absorption Costing · PDF · OpenStax, textbook chapter; pp. 279–326 · for registered students
Materials marked “for registered students” open in the student portal, which is set up as soon as you receive final acceptance.
