Activity-based costing (ABC) : the testing & implementation of a contingency model

• Main Authors: Lim, Bee Keow, Sim, Hock Hua, Tan, Yee Peng
• Other Authors: Choo Teck Min
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business::Accounting
• Online Access: http://hdl.handle.net/10356/59355
• Institution: Nanyang Technological University

With the increased use of automation in industries (especially manufacturing), overheads have formed a significant portion of total costs. Traditional cost drivers such as direct labour hours that were used to allocate overheads were no longer accurate and reliable. Cooper and Kaplan (1980) suggeste...