Question Details

ABC- ACTIVITY BASE COSTING Page | 1 ABC: Activity Base Costing, a New World Leader Pamela M. Perry Managerial Accounting Prof. Jones Olajide January...


Can someone help with this assignment?


Thanks,


  1. Discuss how a time-driven ABC cost system can be implemented in the company you researched and the benefits that the use will yield to the business performance.
  2. Assess how using an ABC system can provide a competitive advantage to the company in the market space it operates and the resulting impact on the business performance.
  3. Examine the potential impact of time-driven ABC costing on services provided online with those provided through traditional channels, considering how this knowledge will impact decisions made by management about these services.
  4. Use at least three (3) quality academic resources in this assignment. Note: Wikipedia and other Websites do not quality as academic resources.

ABC- ACTIVITY BASE COSTING Page | 1 ABC: Activity Base Costing, a New World Leader

 

Pamela M. Perry

 

Managerial Accounting

 

Prof.: Dr. Jones Olajide

 

January 27, 2017 ABC- ACTIVITY BASE COSTING Page | 2 Abstract

 

ABC, the acronym sounds like a children song. However, in the accounting world it is a way to

 

allocate cost as to identify waste, improve sales, and to streamline revenue recognition. The

 

notion is not new concepts, but a improve way to prevent over pricing items that cost peanuts to

 

create. ABC- ACTIVITY BASE COSTING Page | 3 ABC: Activity Base Costing, a New World Leader

 

As we dive into the ABC (activity base costing) concept, the communication about the

 

item has had several names. Corporation has called it Lean Management, High Performance,

 

Work, Team, or Six Sigma. The whole purpose of the training is to show where waste is causing

 

unnecessary cost to a product, which prevents an entity from recognizing true revenue stream

 

from sales.

 

Convergys: Business Concept

 

The company of choice is called Convergys Corporation. The entity focus on provided

 

services on several platforms such as automotive, technology, travel & hospitality, and other

 

areas. They have over 130,000 employees, with 150+ locations in 31 countries. The company

 

prides itself with the statement of being a world leader with awards showing its commitment to

 

growth and innovated thinking. However, the company has had negative impact as well. Its

 

financial states shows that the company loss of a client in 2016 in comparison to the 2015

 

quarterly report. The company core business is to offer customer management services in a

 

global market.

 

The company operational model is based on staffing hours or the number of contracts

 

handled by service agents using the contractual rates during the duration of the contract. The

 

company is diversity provide it the ability to over a wide range of customer transactions as it

 

states, cost effectively.

 


Solution details:

Pay using PayPal (No PayPal account Required) or your credit card . All your purchases are securely protected by .
SiteLock

About this Question

STATUS

Answered

QUALITY

Approved

DATE ANSWERED

Oct 15, 2019

EXPERT

Tutor

ANSWER RATING

YES, THIS IS LEGAL

We have top-notch tutors who can do your essay/homework for you at a reasonable cost and then you can simply use that essay as a template to build your own arguments.

You can also use these solutions:

  • As a reference for in-depth understanding of the subject.
  • As a source of ideas / reasoning for your own research (if properly referenced)
  • For editing and paraphrasing (check your institution's definition of plagiarism and recommended paraphrase).
This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student.

NEW ASSIGNMENT HELP?

Order New Solution. Quick Turnaround

Click on the button below in order to Order for a New, Original and High-Quality Essay Solutions. New orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

WE GUARANTEE, THAT YOUR PAPER WILL BE WRITTEN FROM SCRATCH AND WITHIN A DEADLINE.

Order Now