Joint Cost Allocation to Multiple Products: Cost Accounting v.Engineering Techniques

1992 ◽  
pp. 189-199 ◽  
Author(s):  
Fariborz Tayyari ◽  
Hamid R. Parsaei
Keyword(s):  
Cost Allocation ◽  
Cost Accounting ◽  
Multiple Products

Based on the Method of Enterprise Logistics Cost Accounting Research

2014 ◽  
Vol 687-691 ◽  
pp. 5120-5123
Author(s):  
Guo Gang Li ◽  
Ting Yang ◽  
Jia Ying Zhou
Keyword(s):  
Customer Service ◽  
Cost Allocation ◽  
Service Industry ◽  
Cost Accounting ◽  
Logistics Cost ◽  
Logistics Industry ◽  
Total Cost ◽  
Market Competitiveness ◽  
Enterprise Logistics ◽  
Cost Object

At present, as an emerging service industry customer service and the third profit source of enhancing the competitiveness of the enterprise market, the logistics industry gets the attention of more and more enterprises. In the enterprise total cost, reasonable decomposition and calculating the logistics cost, seriously affect the profits of the enterprise. Therefore, how to make enterprise logistics cost accounting becomes the focus concern of enterprises to improve market competitiveness. This topic comes from the basic theory of homework cost method, the enterprise logistics cost accounting based on homework cost method are analyzed. This paper expounds the homework cost method based the thinking of enterprise logistics cost accounting, by the process of resource to homework cost object cost allocation, and the activity-based cost method of enterprise logistics cost accounting methods are analyzed on focus.

20TH CENTURY PUBLICATIONS ON COST ACCOUNTING BY SPANISH AUTHORS PREVIOUS TO THE STANDARDIZATION ACT (1900–1978)

2009 ◽  
Vol 36 (2) ◽  
pp. 139-179 ◽  
Author(s):  
Daniel Carrasco Díaz ◽  
Esteban Hernández-Esteve ◽  
Maria Jesús Morales Caparrós ◽  
Daniel Sánchez Toledano
Keyword(s):  
20Th Century ◽  
19Th Century ◽  
Cost Allocation ◽  
Cost Accounting ◽  
Fixed Costs ◽  
Late 19Th Century ◽  
Central European ◽  
Full Cost ◽  
Second Period ◽  
American Thought

This paper aims to describe and explain the beginning and evolution of cost accounting in Spain through the examination of accounting texts. In this evolution, three periods are distinguished: the late 19th century, the first half of the 20th century, and 1951–1978. In 1978, the official standardization of Spanish cost accounting occurred. Cost accounting first appeared in Spanish texts at the start of the 20th century. However, in 19th century accounting treatises can be found references to some aspects of cost accounting to which the paper refers. The traditional orientation of authors in the second period clearly reflects a monistic recording pattern, i.e., that cost accounting in combination with general accounting forms a homogeneous whole, with full-cost allocation on the basis of historical costs. The small differences found among these authors relate to a large extent to the fixed-costs allocation. This period corresponds to the introduction into Spain of the Central European school of accounting thought represented by Pedersen, Schmalenbach, Palle Hansen, and, above all, by Schneider. This influence intensified from 1951 onward. In the second half of the 20th century, German thought shared influence with American thought represented in the works of Kester, Horngren, Lang, Lawrence, Neuner, etc. The French Accounting Plan (General Chart of Accounts), published in 1957, also had an obvious influence on Spanish accounting scholars of this time. This influence is clearly shown in the Spanish standardization of cost accounting published in 1978 as part of the first Plan General de Contabilidad (General Accounting Plan) passed in 1973.

scholarly journals Material Flow Cost Accounting in Developing Countries: A Systematic Review

2020 ◽  
Vol 12 (13) ◽  
pp. 5413 ◽  
Author(s):  
Thuy Thanh Tran ◽  
Christian Herzig
Keyword(s):  
Developing Countries ◽  
Material Flow ◽  
Quantitative Research ◽  
Cost Allocation ◽  
Cost Accounting ◽  
The Philippines ◽  
Data Availability ◽  
Strategic Decision ◽  
Accounting Systems ◽  
Decision Making Processes

This study aims to provide a better understanding of material flow cost accounting (MFCA) application in developing countries, which are characterized by rapid structure transformation leading to serious environmental problems. By systematically reviewing the existing literature, our analysis of 28 studies from nine developing countries (China, Indonesia, Iran, Malaysia, South Africa, Sri Lanka, Thailand, the Philippines, and Vietnam) shows that MFCA research has primarily focused on Asian developing countries. Moreover, while the use of MFCA is often associated with improving eco-efficiency, the reviewed studies also indicate a high relevance for strategic decision-making processes within organizations. Finally, one of the key challenges in MFCA application reported in developing country studies lies in existing accounting systems with limited data availability and insufficient cost allocation. Based on our findings and gaps identified in the MFCA literature, we suggest paths for further research, including the necessity of quantitative research and comparative analysis of MFCA application across countries, the further investigation of MFCA application in small and medium-sized enterprises as well as in various manufacturing and service sectors in developing countries.

scholarly journals Activity-based Management of Logistic Costs in a Manufacturing Company: A Case of Increased Visibility of Logistics Costs in a Slovenian Paper Manufacturing Company

1970 ◽  
Vol 24 (1) ◽  
pp. 15-24 ◽  
Author(s):  
Julijana Krajnc ◽  
Klavdij Logožar ◽  
Bojana Korošec
Keyword(s):  
Cost Allocation ◽  
Cost Management ◽  
Indirect Costs ◽  
Cost Accounting ◽  
Activity Based Costing ◽  
Successful Management ◽  
Paper Manufacturing ◽  
Efficient Management ◽  
Manufacturing Company ◽  
Production Company

Both the transparent reporting of logistics costs and the related accounting of their cost drivers present a significant factor for the successful management of material flows and the related logistics activities in production companies. These costs, which are mainly reported as part of overhead (indirect) costs in such companies, usually remain hidden or are not explicitly visible when the traditional method of accounting is applied. The aim of this research is to create a model of activity-based accounting of logistics costs in a production company, and to test its efficiency in the disclosure of logistics costs compared with traditional cost accounting. The application of the model in a production company shows that an activity-based approach discloses as much as 108% more logistics costs at the level of a group of products than the traditional cost-accounting approach. Further, detailed information on logistics costs obtained in this way enables their more efficient management. Key words: logistics costs; activity-based costing; cost allocation; cost visibility; cost management

An online cost allocation model for horizontal supply chains

2021 ◽  
Vol 122 ◽  
pp. 102888
Author(s):  
Han Zou ◽  
Maged M. Dessouky ◽  
Shichun Hu
Keyword(s):  
Supply Chains ◽  
Cost Allocation ◽  
Allocation Model

A Cost-effectiveness Analysis of Aspirin versus Oral Anticoagulants after Acute Myocardial Infarction in Italy

1998 ◽  
Vol 80 (12) ◽  
pp. 887-893 ◽  
Author(s):  
Jacopo Gianetti ◽  
Gianfranco Gensini ◽  
Raffaele De Caterina
Keyword(s):  
Myocardial Infarction ◽  
Coronary Artery Disease ◽  
Cost Effectiveness ◽  
Interventional Procedures ◽  
Cost Allocation ◽  
Oral Anticoagulants ◽  
The United States ◽  
Cost Effectiveness Analysis ◽  
Effectiveness Analysis ◽  
Artery Disease

SummaryAims. The recent publication of two large trials of secondary prevention of coronary artery disease with oral anticoagulants (WARIS and ASPECT) has caused a revival of the interest for this antithrombotic therapy in a clinical setting where the use of aspirin is common medical practice. Despite this, the preferential use of aspirin has been supported by an American cost-effectiveness analysis (JAMA 1995; 273: 965). Methods and Results. Using the same parameters used in that analysis and incidence of events from the Antiplatelet Trialists Collaboration and the ASPECT study, we re-evaluated the economic odds in favor of aspirin or oral anticoagulants in the Italian Health System, which differs significantly in cost allocation from the United States system and is, conversely, similar to other European settings. Recalculated costs associated with each therapy were 2,150 ECU/ patient/year for oral anticoagulants and 2,187 ECU/patient/year for aspirin. In our analysis, the higher costs of oral anticoagulants versus aspirin due to a moderate excess of bleeding (about 10 ECU/ patient/year) and the monitoring of therapy (168 ECU/ patient/year) are more than offset by an alleged savings for recurrent ischemic syndromes and interventional procedures (249 ECU/ patient/year). Conclusions. Preference of aspirin vs. oral anticoagulants in a pharmaco-economical perspective is highly dependent on the geographical situation whereupon calculations are based. On a pure cost-effectiveness basis, and in the absence of data of direct comparisons between aspirin alone versus I.N.R.-adjusted oral anticoagulants, the latter are not more expensive than aspirin in Italy and, by cost comparisons, in other European countries in the setting of post-myocardial infarction.

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