Activity Based Costing

Discussion in 'Accounting' started by Jim, Sep 13, 2003.

  1. Jim

    Jim Guest

    Does anybody know if it is possible to apply ABC principles to the food service industry where the product is perishable?
     
    Jim, Sep 13, 2003
    #1
    1. Advertisements

  2. Jim

    Ken Russell Guest

    It would certainly give you a good indication of the full cost of each
    product irrespective of whether it is perishable or not. Just because all
    the costs are expensed in the case of perishable food does not bar them from
    being allocated to products based on activity.

    --
    Ken Russell

    "Jim" <> wrote in message
    news:epu8b.737$...
    Does anybody know if it is possible to apply ABC principles to the food
    service industry where the product is perishable?
     
    Ken Russell, Sep 13, 2003
    #2
    1. Advertisements

  3. Jim

    Jim Guest

    Thanks for the reply.

    Jim
    "Ken Russell" <> wrote in message news:3f62c12e$0$31190$...
    It would certainly give you a good indication of the full cost of each
    product irrespective of whether it is perishable or not. Just because all
    the costs are expensed in the case of perishable food does not bar them from
    being allocated to products based on activity.

    --
    Ken Russell

    "Jim" <> wrote in message
    news:epu8b.737$...
    Does anybody know if it is possible to apply ABC principles to the food
    service industry where the product is perishable?
     
    Jim, Sep 16, 2003
    #3
  4. Jim

    QBslave

    Joined:
    Nov 29, 2014
    Messages:
    14
    Likes Received:
    0
    Location:
    San Diego
    It applies to any industry.
     
    QBslave, Jan 6, 2016
    #4
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.