Homework Discussion: 1 Time-Driven Activity-Based Costing (ABC) Respond to the following: -Analyze the benefits and weaknesses of traditional ABC in determining accurate overhead costs over a time-driven ABC system. -Evaluate how a business can achieve a competitive advantage in the marketplace through the use of ABC and how you would convince senior management that a system should be implemented.
Homework Discussion: 1 Time-Driven Activity-Based Costing (ABC) Respond to the following: -Analyze the benefits and weaknesses of traditional ABC in determining accurate overhead costs over a time-driven ABC system. -Evaluate how a business can achieve a competitive advantage in the marketplace through the use of ABC and how you would convince senior management that a system should be implemented. [250 words][1-2 References] Discussion: 2 Performance-focused ABC Respond to the following: -From the e-Activity, identify a local medium-sized service business in your community. -Evaluate how you would implement a performance-focused ABC system in the company as described in the e-Activity. -Evaluate the reasons for the selection of the cost drivers in the discussion above and the potential impact the cost drivers will have on accurately reflecting costs and overall performance of the business. [250 words] [1-2 References]??????????????????????????????????????????????
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