Title: Application of the Idea of Avtivity-based Cost Management in Cost Accounting
Abstract: Nowadays,with the increasing expansion of the automation of modern manufacturing,the portion of direct cost in overall product cost becomes less and less whereas the percentage of manufacturing cost relatively becomes larger and larger.Furthermore,most of indirect cost is not directly related to production process.Drawing references from the management idea of activity-based cost(ABC),multifactor cost allocation can correctly determine cost of various products and activities,so it can meet the requirements of scientific management and make cost management ascend from production level to activity level and more delicate and efficient.
Publication Year: 2007
Publication Date: 2007-01-01
Language: en
Type: article
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