lshkenny1968
02-01-08, 10:48 AM
Benefits:
-Better profitability measure
-Better decision making
-Provide information to identify areas where process improvement is needed
-Lead to better cost estimation
Limitations:
-Very expensive to install and consuming
-Not include all costs associated with the products
-Some costs require allocations to departments and products based on arbitary volume measures
-Better profitability measure
-Better decision making
-Provide information to identify areas where process improvement is needed
-Lead to better cost estimation
Limitations:
-Very expensive to install and consuming
-Not include all costs associated with the products
-Some costs require allocations to departments and products based on arbitary volume measures