Using time-driven ABC in a service organization (60251420) - Online

Time-driven activity-based costing (TDABC) is an extension to activity-based costing, and offers a simpler approach, with its focus on time as the primary cost driver.

In addition, TDABC can uncover useful information about the attributes of organisational operations and the associated activities. Prior knowledge of the principles of ABC is a pre-requisite for this course.

This one hour online course forms part of the FastClass short course suite.

• Explain the concept of time-driven activity-based costing (TDABC).
• Outline the benefits of TDABC.
• Apply the 7 steps to implementing TDABC.
• Calculate:
  • The cost per time unit of practical capacity.
  • The costs assigned to key activities.
  • Any unused capacity.