Strategic implementation of activity-based costing at Hizone Sdn. Bhd. : a case study for applied business project / Asmawi Bujang ... [et.al].

Historically, manufacturing and cost accounting became linked because of the need to determine the amount of profit to be gained by selling, producing, and shipping a product. Early decisions made within this relationship fostered a certain standard upon which a method of determining the overhead cost of products based upon the direct labour content was built. This made sense, because, quite simply, direct labour was a large percentage of the cost that was expanded equally to the manufacturing products. This method became known as the traditional costing method.