Lynda

Activity-Based Costing

Description Activity-Based Costing Free Download

How accurately does your organization understand and assign overhead costs for the products it produces and the services it delivers? In this course, master the fundamentals of activity-based costing (ABC). Discover how to design and implement activity-based costing to grasp overhead costs and the activities that drive them, and assign costs appropriately. Instructor Joshua Rischin begins by pinpointing how ABC can help organizations make more informed decisions on its product and services. He then dives into the foundations of ABC, helping you understand the process, as well as how to define ABC model cost drivers. He then details how to source data, build your ABC model, and present your insights to stakeholders.

Topics include:

  • Why use activity-based costing (ABC)?
  • How ABC can help organizations make more informed decisions
  • Defining cost objects and activity drivers
  • Reviewing source data
  • Building the ABC model
  • Preparing ABC reports
  • Advising stakeholders on outcomes

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