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What is the difference between Conventional Cost Allocation Process and Activity Based Costing System ?

Cost Cost Accounting Cost Center Accounting Cost Control
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Date Posted: 2014/08/19
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Khaled Abdelrehim ACCA DipIFR CMA
by Khaled Abdelrehim ACCA DipIFR CMA , Financial Analysis Assistant General Manager , Khalda Petroleum Company

the conventional method makes the volume the base for allocating the costs while ABC allocates costs based on the activities done

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