Section outline

    • Topic Three: Strategic Cost and process Analysis File

      ·       The Process of Strategic Cost Analysis

      ·       Types of Cost System

      o   Full costing

      o   Activity-Based Costing (ABC)

      o   Time-Driven ABC (TDABC)

      ·       Activity Based Costing

      ·       Identifying opportunities to reduce costs

      ·       Impact of volume diversity.

      ·       Critical factors in designing ABC systems

      ·       Activity-based profitability analysis

      ·       Application of ABC systems in product and service systems

      ·       Process analysis

      Costing Methods Used in Service Sector