There are numerous examples of ABC applications in the real world. A good source of ABC case studies for various industries is found at the SAS website in the chapter web links at the Interactive Study Center on https://www.thomsonedu.com/accounting/ hansen. Access that site and select Success Stories. Within the Success by Solution category, click on Activity-Based Management. Choose two firms and then read about their experience with ABC. Answer the following questions about the two cases:
1. What were the reasons offered for implementing ABC?
2. What implementation procedures were used?
3. How many activities were identified?
4. What types of benefits (results) were achieved by each company?
5. What problems were mentioned, if any?