Activity-Based Costing

 

For purposes of this deliverable, you are to expand (with subpoints) only the GROWTH, APPLICATION, and ANALYSIS sections of the outline. Eventually, the rest of this outline should be completed in preparation for the final Learning Journal draft (which will be in full narrative form). The content of your outline should be written in a business-writing format that is crisp and to point. Complete sentences and proper grammar should be used in the narrative form of your Learning Journal but are not necessary in this outline format.
GROWTH
Activity-Based Costing (Non-Manufacturing Costs, Manufacturing Costs, Cost Pools, Allocation Bases, Activities, Activity Cost Pools, Activity Measures, Assigning Overhead Costs to Activity Cost Pools, Calculate Activity Rates, Assign Overhead Costs to Cost Objects, Management Report, Comparison between Traditional and Activity-Based Costing)
i. Give examples of how your original ideas/concepts/beliefs about managerial accounting were challenged and adjusted. Growth may include:
1. New knowledge that has been learned but has yet to be applied.
2. Contrary notions that have trumped your old ideas/concepts/beliefs.
3. Reinforcements and extensions to tried-and-true ideas/concepts/beliefs that you continue to retain.
4. etc.

APPLICATION
i. Apply lessons learned in the course to your own real-world experiences/environment.
1. These applications may have already occurred in your experience, or you may point out potential applications that you are now able to foresee.
2. Go further than merely telling how a particular idea/concept/lesson would be applied.
3. In addition, give compelling reasons why this particular application is appropriate and will likely be successful.
4. etc.
ANALYSIS
a. Describe a complex managerial problem that you are attempting to solve
b. Break the complex problem down into smaller parts which can each be addressed with lessons learned in the course.
c. Demonstrate how your analytical skills developed in this course may be used to solve the various problems
d. Apply as many of the following principles of analytical thinking as possible:
• Analysis involves drawing connection among ideas.
• Key words related to analysis include: execute, implement, solve, use, demonstrate, interpret, operate, schedule, sketch.
• Analysis is a systematic approach to problem solving
• Complex problems are made simpler by separating them into more understandable elements
o This involves the identification of purposes and facts, the statement of defensible assumptions, and the formulation of conclusions
• Analytical skills involve seeing relationships, determining if-then causalities, finding evidence to support a theory, and making judgments and decisions using a set of criteria.

 

 

Sample Solution

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