Tag Archives | Traditional Costing System and ABC System

Traditional Costing System and ABC System | Cost Accounting

The upcoming discussion will update you about the difference between Traditional Costing System and Activity-based Costing System (ABC). Difference # Traditional Costing System: 1. Single or limited number of cost pools or cost centres exist. 2. Overhead costs are first related to the various production and service departments and then to products. 3. Overhead costs […]

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