ABC vs Traditional costing methods

Updated: Sep 14, 2020

Costing issues are often incorrectly misconstrued as merely an issue of the manufacturing industry, whereas they also concern others.

The most popular method of costing is the Traditional Costing method due to its simplicity. However due to the current ever-evolving environment choosing the right costing method might be essential to survive. This is why ABC Costing should be considered by all companies.

ABC vs Traditional costing methods
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