Activity Based Costing (Part 2) 2nd Stage Allocation

This video is the second part of a series that explains the process of activity-based costing.  This video builds upon the example provided in the first video to illustrate how we can use activity rates to assign overhead to cost objects.  It also demonstrates how activity-based costing can generate more accurate cost information to enhance decision-making.

Edspira is your source for business and financial education.  To view the entire video library for free, visit http://www.Edspira.com  

To like us on Facebook, visit Facebook: Edspira

Edspira is the creation of Michael McLaughlin, who went from teenage homelessness to a PhD.  The goal of Michael's life is to increase access to education so all people can achieve their dreams.  To learn more about Michael's story, visit http://www.MichaelMcLaughlin.com

To follow Michael on Facebook, visit
Facebook: Prof.Michael.McLaughlin

To follow Michael on Twitter, visit
Twitter: Prof_McLaughlin—
Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world.
—
SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS:
• A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING
• A 44-PAGE GUIDE TO U.S. TAXATION
• A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS
• MANY MORE FREE PDF GUIDES AND SPREADSHEETS
* http://eepurl.com/dIaa5z
—
SUPPORT EDSPIRA ON PATREON
*Patreon: prof_mclaughlin
—
GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT
* https://edspira.thinkific.com
—
LISTEN TO THE SCHEME PODCAST
* Apple Podcasts: https://podcasts.apple.com/us/podcast...
* Spotify: https://open.spotify.com/show/4WaNTqV...
* Website: https://www.edspira.com/podcast-2/
—
GET TAX TIPS ON TIKTOK
* TikTok: prof_mclaughlin
—
ACCESS INDEX OF VIDEOS
* https://www.edspira.com/index
—
CONNECT WITH EDSPIRA
* Facebook: Facebook: Edspira
* Instagram: Instagram: edspiradotcom
* LinkedIn: LinkedIn: edspira
—
CONNECT WITH MICHAEL
* Twitter: Twitter: Prof_McLaughlin
* LinkedIn: LinkedIn: prof-michael-mclaughlin
—
ABOUT EDSPIRA AND ITS CREATOR
* https://www.edspira.com/about/
* https://michaelmclaughlin.com

• #education
• #activity_based_costing
• #activity_based_costing
• #abc
• #abc_costing
• #cost_accounting
• #accounting
• #managerial_accounting
• #management_accounting
• #cost_allocation
• #overhead