Activity-Based Costing
Accurate cost estimation has a positive impact in a business. A manager or decision maker can a have a basis on whether he will pursue a certain product or services given the potential profit the business can gain from specific product and services categories. One can also arrive to a correct pricing which is also a component in a successful marketing. This paper will analyze the Activity-Based Costing of a company in a hospitality sector, one of the categories in the services industry.
Suzanne Byrne, Erle Stower, and Paula Torry of the University of Southern Queensland, School of Accounting,
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