A sample lecture on ACCA Paper PM (Performance Management) on the topic of (ABC vs AC) conducted by Subject Specialist, Ms Annie Tan. Wish to find out more about ACCA Qualification? Contact us.
The video discussed into the structure of an exam, emphasizing the significance of session C. It explores various costing techniques such as assumption costing, activity-based costing, target costing, lifecycle costing, and environmental management accounting. The process of overhead calculation is explained. The video also analyzes the influence of costing methods on selling prices and demand, particularly elastic and inelastic demand for different products. It wraps up with calculations for full production cost per unit and a discussion on the impact of costing methods on selling prices and volume.
