...Ramji Balakrishnan; Daniel M. Koehler; Apurva S. Shah SYNOPSIS We estimate the costs of two substitutable medical procedures in a hospital as reported by a conventional two-stage system and from using TDABC concepts. Comparisons yield insights into the data needs for both systems, and practical...

... four well-known approaches for computing product costs as they have evolved over time. In particular, we described traditional volume-based allocation systems, activity-based costing (ABC) systems, resource consumption accounting (RCA), and time-driven activity-based costing (TDABC) systems...

... referees helped us refine our message as well. We are responsible for errors. Corresponding author: Ramji Balakrishnan Email: [email protected] January 2011 July 2011 2012 ABC RCA TDABC costing systems Over the past two decades, many innovative approaches...