The KTP laser works by selectively targeting irregular spots on the skin. Specifically, the laser targets red (hemoglobin) and brown (melanin) areas on the skin. While treating redness on the skin, the energy of the KTP laser gently coagulates the blood vessels below the skinâs surface.
Activity based costing (ABC) can be defined as an approach to costing that identifies individual activities as fundamental cost objects. In this method, the cost of individual activities are assigned first, and then, that is used as the basis of assigning cost to the ultimate cost objects.
Process Costing. Process costing is a cost accounting system in which direct costs are traced and indirect costs are allocated to processes carried out in different departments. The cost of finished goods is then computed based on average cost accumulated at the end of the last department.nlike job-order costing, which is another widely-used costing system, process costing averages out costs over all departments and values the finished products and closing work in process, if any, using either the first-in-first-out (FIFO) or weighted-average convention.