Practical, easy-to-follow ABC guidelines for small and mid-sized businesses. Incorporating activity-based costing (ABC) concepts into your business without relying on the usual complex ABC jargon can be a daunting task-even for the most experienced accountant. In Activity-Based Costing: Making It Work for Small and Mid-Sized Companies, professional accountant Douglas Hicks shows you how to sharpen your competitive edge while bringing you the "total package" of cost information-not just the computational elements. Using an approach developed while solving problems for small and mid-sized companies, Hicks has created a reader-friendly, comprehensive narrative covering every aspect of the ABC industry, including step-by-step instructions for building a cost accumulation and distribution model for any size business. With examples taken from Fortune 1000 companies, readers will find a wealth of information on ABC features, including: The logic behind ABC and its cost...

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