Research on the Application of Activity-based Costing in Hunan Haili Chemical Co.,Ltd
|Keywords||Activity-based costing Cost accounting The production cost control Production decisions|
With economy globalization and market internationalization, competition in industries is getting more intense. Especially, China’s real economy has slided since2008, product market has seriously shrinked. The competition in manufacturing industry has changed from prices to costs. Currently, traditional costing is widely used in China’s chemical industry, which has a serious problem in providing precise cost data.The paper combines Hunan Haili Chemical Industry Co., Ltd. of the actual costing model based on activity-based costing Hunan Haili. The paper first describes the concept of activity-based costing, basic principles of accounting procedures, and the difference compared with the traditional costing methods and contact, and then analyze the current Hunan Haili costing model and problems of, and expounded in Hunan Haley application feasibility of activity-based costing. On this basis, the paper take Hunan Haili A workshop for instance, discussed in detail in Hunan Haili implementation of job costing, activity-based costing cost accounting want to compare the cost of the current costing model, found a job cost data provided by the cost method is more reliable, and discussed how to use the operating cost method to provide accurate cost data a workshop products, for example production decisions.This paper break through the traditional cost management methods, the operator of a new cost accounting methods Hunan Haili cost control management, use of operating cost management in Hunan Haili safeguards and at the end of the paper, as Hunan Haili cost Management provides a reference.