What is the final step in calculating
full costs using the ABC method?

Question

What is the  final  step in calculating
full costs using the ABC method?

Answer

Allocate the indirect costs of each
activity to the different products based on the consumption by each product of
the different cost drivers.

Answer

Identify the cost drivers that have a strong
correlation with the indirect costs of each activity.

Answer

Calculate the indirect costs relating to each activity.

Answer

Map the activities involved in manufacturing
the various products.

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