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1. 1 Activity-Based Costing and Management (ABC/M) December 20-27, 05
Chapters 5 & 16
Objectives:
Understand the differences between volume-based costing systems and activity-based costing system
Understand how activity-based costing systems are used in manufacturing and service industries.
Understand the role of activity-based costing systems in total quality management (TQM) philosophy (also see Chapter 16)
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