SOME USES AND BENEFITS OF ABC & M

It helps to identify inefficient products, departments and activities

It helps to allocate more resources to profitable products, departments and activities

It helps to control the costs at an individual and department level

It helps to find unnecessary costs and to identify and eliminate/streamline such costs where possible

It helps fixing prices of products or services scientifically

There are many more benefits not listed here.

Also refer to “Some reasons for implementation”