From the Discussion Preparation, imagine that you have been hired as the production manager of a manufacturing company and must determine the best inventory costing system to implement.
Discuss the key factors that must be considered before making the determination. Provide specific details and a rationale for your decision.
DQ#2. Many companies in the manufacturing, financial services and health-care industries are currently using
Activity-Based-Costing (ABC). Some examples include UPS, USPS, FedEx, Ford Motors, and many Hospitals.
What is one difficulty among several that must be overcome when implementing ABC in a service-based company?