How to manager use refined cost information to improve operations and quality???
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Manager use refined cost information to improve operations and quality:
- Managers use activity based management to improve operation and quality.
- Activity-based costing is helpful in giving relatively correct product cost information.
- Though, the value of activity-based costing information goes beyond accurate product costing.
- When activity-based costing is used in combination with activity-based management, organizations are often able to make intense developments to operations.
Hope it helped.....!
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