An activity-based costing system can be a significant competitive advantage for a business which does bidding for manufacturing work.

Question

Quizplus · Accepted Answer

An activity-based costing system can help businesses accurately calculate the costs of manufacturing processes, including indirect costs that may have been previously overlooked. This can lead to more accurate bidding and pricing for manufacturing work, ultimately giving the business a competitive advantage.

An Activity-Based Costing System Can Be a Significant Competitive Advantage