Determine the difference between a cost object and a cost driver by giving an example of each, in your own words, within the context of the manufacturing company.

Hello again! I have the assignment instructions listed below. If you have any questions please let me know! Thank you!! Prior to beginning work on this discussion forum, read Chapters 5, 18, and 6 of your textbook Horngren’s Cost Accounting: A Managerial Emphasis (17th ed.). Select a manufacturing company that interests you and address the following points from that company’s perspective. Determine the difference between a cost object and a cost driver by giving an example of each, in your own words, within the context of the manufacturing company.Explain why this differentiation is important in activity-based costing (ABC).Discuss how an ABC system could improve management’s ability to evaluate costs and make decisions. Reference: Datar, S. M., & Rajan, M. V. (2021). Horngren’s cost accounting: A managerial emphasis (17th ed.). Pearson.

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