Question

How to manager use refined cost information to improve operations and quality???

Answer 1

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.....!