Examlex
The components of ATP are
Actual Costing
A costing method that assigns actual costs of direct materials, direct labor, and overhead to products, instead of using estimated or standard costs.
Activity-Based Budgeting (ABB)
A method of budgeting where activities that incur costs in every function of an organization are recorded, analyzed and researched.
Conventional Budgeting
A traditional approach to budgeting that involves planning income and expenditures for a fixed period.
Resource Consumption
The process of using resources such as materials, energy, or time, typically quantified for analysis and optimization in various contexts.
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