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Management Accounting in Health Care Organizations, 3rd Edition by David W. Young

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CHAPTER 5 Activity-Based Costing

LEARNING OBJECTIVES

On completing this chapter, you should know about
  • Some additional cost accounting terminology
  • Health care's stage 2 cost accounting challenge
  • The concepts of activity-based costing and overhead cost drivers
  • The distinctions among facility-sustaining, product-sustaining, batch-related, and unit-level activities in an activity-based costing system
  • How to use multiple overhead rates to attach manufacturing overhead to products during stage 2

In chapter 2 we looked at some of the basic decisions that are made in a full-cost accounting system: defining a cost object, determining cost centers, distinguishing between direct and indirect costs, selecting allocation bases for support center ...

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