Paper Title:
Production Management for Manufacturing Based on Activity-Based Costing
  Abstract

In order to solve the current problems of cost management in manufacturing industry by using traditional management accounting systems, two-stage approach analytical method of activity-based costing is presented. The proposed method allocates indirect costs to products based on cost drivers of various levels. There are many advantages of the proposed method, it can make the production processes more transparent, help to identify production efficiencies, encourages managers to introduce corrective actions, allow the evaluation of corrective actions to be undertaken, reduce costs, and enhance competitiveness of enterprises. A case is analyzed, it is seem that the peoposed method is of efficiency and feasibility.

  Info
Periodical
Chapter
Chapter 3: Advanced Manufacturing Technology
Edited by
Jiuba Wen, Fuxiao Chen, Ye Han and Huixuan Zhang
Pages
432-435
DOI
10.4028/www.scientific.net/AMM.120.432
Citation
Y. H. Liu, S. L. Gong, "Production Management for Manufacturing Based on Activity-Based Costing", Applied Mechanics and Materials, Vol. 120, pp. 432-435, 2012
Online since
October 2011
Export
Price
$32.00
Share

In order to see related information, you need to Login.

In order to see related information, you need to Login.

Authors: Ling Yun Zhou, Qing Zhang
Abstract:Logistics cost control has become a new source of profits for manufacturing enterprises. Activity based costing (ABC) can achieve great...
910
Authors: Xin Ping Wang, Qi Zhang
Chapter 11: Manufacturing Process Planning and Scheduling
Abstract:Quality costing is an important part of quality cost management. How to adjust quality and cost scientifically is the focus of attention....
3322
Authors: Michael L. Werner, Fu Yuan Xu
Chapter 12: Laser Processing Technology
Abstract:The calculation of product cost in modern manufacturing enterprises includes assigning direct costs and indirect costs (overhead) to...
2494
Authors: Sheng Chun Liu, Ben Gang Gong
Chapter 9: Engineering Education, Engineering Management, Products Design and Manufacture Management
Abstract:Activity-Based Costing can identify and remove the invalid cost of the logistics process, and the implementation of the entire logistics...
2218
Authors: Yan Hong Liu, Guang Ling Hu, Qin Li Wang
Chapter 7: Engineering Management
Abstract:In order to solve the current problems of cost management in civil engineering industry by using traditional management accounting systems,...
790