Hey guys, really appreciate it if anyone can kindly help me with the following questions.
1. Can ABC(Activity-based costing) be implemented in any type of company/industry? What companies are more likely to benefit from implementing an ABC system than others? Explain.
2.The following is a list of companies and organizations that have implemented ABC. Select one company from the list (or research a company on your own; google search "companies implementing abc costing") and elaborate on the application of ABC and implications on the company.
GE Medical Systems
American Express
ITT Automotive North America
US Immigration and Naturalization Services
US Postal Service
Hallmark
3. Though an ABC system has many benefits and advantages it has some limitations. Discuss such limitations.
Please make the answers as elaborate as possible.