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The firm has a law firm as a client, Dewy Cheatem and Howe. Senior Partner...

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Accounting

The firm has a law firm as a client, Dewy Cheatem and Howe. Senior Partner Sean Dewy, who is a close personal friend of Michael Pearson read an article about ABC costing for service firms, but did not really understand it. The article indicated that even though there are no inventories for service companies, ABC systems are of great use for service companies. He asked his friend Michael for a White Paper on this topic, but the firm did not have one prepared. Thomas had asked you to put one together explaining why and how ABC Costing is valuable for Service Firm.

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