Activity-based costing application in indirect material cost control-photo-resist

2004 ◽  
Author(s):  
Yi-Chun Tsai ◽  
Jung-Sheng Jao
Keyword(s):  
Cost Control ◽  
Activity Based Costing ◽  
Material Cost

scholarly journals Primary Research of the Advantages and the Cost Control of the ABC & EVA Integrated System

2010 ◽  
Vol 3 (3) ◽  
pp. 141
Author(s):  
Haibo Hu
Keyword(s):  
Cost Control ◽  
Control Strategies ◽  
Economic Value ◽  
Value Added ◽  
Capital Cost ◽  
Integrated System ◽  
Activity Based Costing ◽  
Cost System ◽  
Integrated Cost ◽  
The Cost

The integrated product of Activity-Based Costing (ABC) and Economic Value Added (EVA) is the ABC & EVA system, i.e. the integrated cost system. Traditional ABC method gives priority to the interior activity chain of enterprise to implement the cost analysis, but ignores the capital cost, so the cost accounting is not complete. The ABC & EVA system brings the capital cost into the cost management, which could not only open out the real economic value created by the cost objects, but extend the pure cost computation of ABC to the performance evaluation. Based on the principle of the ABC & EVA system, the enterprise cost control strategies under the integrated cost system are proposed.

Linking Cost Control to Cost Management in Healthcare Services

2018 ◽  
pp. 185-219
Author(s):  
Michele Bertoni ◽  
Bruno De Rosa ◽  
Guido Grisi ◽  
Alessio Rebelli
Keyword(s):  
Cost Control ◽  
Cost Management ◽  
Process Analysis ◽  
Real Life ◽  
Medical Personnel ◽  
Healthcare Services ◽  
Activity Based Costing ◽  
Healthcare Settings ◽  
Cost Measurement ◽  
Technical Solutions

The issue of healthcare costs has become increasingly problematic over the years. This chapter summarizes the problems faced by hospitals when measuring the costs of healthcare treatments, explaining how an Activity-Based Costing (ABC) framework can be successfully adopted in healthcare settings. After describing the theoretical foundations of cost control and cost management, the chapter continues with the analysis of three real-life applications of ABC in a hospital, drawn from the process analysis and activity-based costing experience developed at the Azienda Ospedaliero-Universitaria “Ospedali Riuniti” (Joint Hospitals) of Trieste, Italy. In particular, the cases are about cost measurement in cardiology, odontostomatology, and radiology, and describe the technical solutions applied for computing the costs of selected therapeutic and diagnostic treatments. A particular emphasis is placed on how these measures have been subsequently used by hospital managers and medical personnel in order to gain insights and to improve the efficiency of the processes developed within the organization.

scholarly journals Research on Rural Highway Project Construction Management and Maintenance

2021 ◽  
Vol 4 (4) ◽  
pp. 178-185
Author(s):  
Fei Shan
Keyword(s):  
Cost Control ◽  
Indirect Costs ◽  
Road Maintenance ◽  
Activity Based Costing ◽  
Labor Costs ◽  
Actual Case ◽  
Management Fees ◽  
Project Construction ◽  
New Ideas ◽  
Rural Highway

In this paper, combined with an actual case project, activity-based costing is used to analyze the labor costs, material costs, and the corresponding indirect costs (such as site management fees and taxes) where each cost is analyzed in detailed. Through quantitative comparison, it further determines which business activities are the key cost control objects and proposes targeted implementation plans for actual cost management in the future in order to provide new ideas for improving the implementation efficiency in addition to a reasonable cost control of highway engineering projects. At the same time, through analyzing the situation of highways, different maintenance modes are compared to put forward a more perfect rural road maintenance and management mode.

scholarly journals A New Cost Management System for Construction Projects to increase Competitiveness and Traceability in a Project Environment

2021 ◽  
Vol 24 (1) ◽  
pp. 31-47
Author(s):  
Hossein Toosi ◽  
Arezou Chamikarpour
Keyword(s):  
Construction Projects ◽  
Competitive Ability ◽  
Cost Control ◽  
Control Method ◽  
Cost Management ◽  
Structured Interview ◽  
Activity Based Costing ◽  
Project Environment ◽  
Target Cost

Un nuevo sistema de gestión de costes de proyectos de construcción para aumentar la competitividad y la trazabilidad para entornos de proyectos. El objetivo principal de la investigación es utilizar nuevos métodos de cálculo de costes en los proyectos de construcción para reducir y controlar las desviaciones de costes y algunas limitaciones que presentan los modelos tradicionales. La hipótesis de la investigación se basa en la capacidad sinérgica del cálculo de costes basado en actividades centradas en el rendimiento, en combinación con el método de cálculo de costes objetivo para fomentar la competitividad del sistema de control de costes para entornos de proyectos. El método se elaboró para controlar los gastos directos y generales del proyecto durante su ejecución. Se realizó una entrevista con 26 directores financieros en dos o cuatro ocasiones entre junio de 2016 y mayo de 2017 con el fin de validar y modificar el método. Siguiendo una entrevista semiestructurada, el método propuesto contribuyó a aumentar la precisión, la certidumbre y la rastreabilidad de los costes y proporcionó la integridad del sistema contable, técnico y operacional. Además, se analizan las desviaciones y se reducen los costes al considerar las condiciones competitivas y estratégicas. También se limita el coste objetivo de los paquetes de trabajo y se genera una alerta al finalizar cada uno de ellos. Además, de acuerdo con el test de Friedman, existe una capacidad competitiva significativa en comparación con el método convencional de control de costes en los proyectos y también se aplica en un estudio de caso. This research proposed a new method for project cost management based on Competitiveness and traceability in a case study and operational situation. The research hypothesis is based on the synergistic ability of performance focused activity-based costing in combination of the target costing method for encouraging competitiveness cost control system for project environments. The method was developed to control, direct and overhead costs of the project during its progress. Also, it uses the feature of activity-driven and different resource drivers to determine the types of costs with the effect of time driver for each activity. An interview was conducted with financial managers during two to four times with the aim of validating and modifying the method. According to a semi-structured interview, the proposed method contributed to increase the precision, certainty, traceability of costs and provided the integrity of the accounting, technical and operational system. It also analyzes deviations and reduces costs by considering competitive and strategic conditions. It's also limiting the target cost of work packages and causing an alarm on the completion of each. According to Friedman test, there is a meaningful competitive ability compared to the conventional cost control method in the projects and it is also implemented in a case study.

scholarly journals Green Activity-Based Costing Production Planning and Scenario Analysis for the Aluminum-Alloy Wheel Industry under Industry 4.0

2019 ◽  
Vol 11 (3) ◽  
pp. 756 ◽  
Author(s):  
Wen-Hsien Tsai ◽  
Po-Yuan Chu ◽  
Hsiu-Li Lee
Keyword(s):  
Aluminum Alloy ◽  
Production Planning ◽  
Industry 4.0 ◽  
Industrial Revolution ◽  
Carbon Tax ◽  
Production Costs ◽  
Fourth Generation ◽  
Activity Based Costing ◽  
Material Cost ◽  
Alloy Wheel

The industrial revolution has grown to the fourth generation, or so-called Industry 4.0. The literature on Industry 4.0 is quite extensive and involves many different dimensions; however, production costs under Industry 4.0 have seldom been discussed. On the other hand, environmental problems are increasingly serious nowadays. Activity-Based Costing is a mature accounting method that can easily trace direct and indirect product costs, based on activities, as well as trace the carbon tax to products, which may lead to different product combinations, in order to reduce environment problems. Thus, the purpose of this paper is to propose a green activity-based costing production planning model under Industry 4.0. In order to make the paper more realistic, we suggest three models with five possible scenarios: normal and material cost fluctuation, material cost discount, and carbon tax with the related cost function. The Aluminum-Alloy Wheel industry was chosen as the illustrative industry to present the results. The model provides managers with a way to deal with the cost problem under Industry 4.0 and to be able to handle the environmental issues in making production decisions. This paper also provides suggestions for governments that have not considered carbon taxation.

Research on Logistics Activity Cost Control Procedures Based on ABC in Manufacturing Enterprises

2010 ◽  
Vol 44-47 ◽  
pp. 910-914
Author(s):  
Ling Yun Zhou ◽  
Qing Zhang
Keyword(s):  
Cost Control ◽  
Control Process ◽  
Great Accuracy ◽  
Activity Based Costing ◽  
Logistics Cost ◽  
Production Logistics ◽  
Manufacturing Enterprises ◽  
Supply Logistics ◽  
Activity Cost ◽  
Logistics Activity

Logistics cost control has become a new source of profits for manufacturing enterprises. Activity based costing (ABC) can achieve great accuracy of logistics cost by using multiple cost drivers, and logistics activity cost control based on ABC develops an advanced management measure. According to the activity operation processes and characteristics of supply logistics, production logistics, sale logistics, reverse logistics and waste material logistics, the mechanism of logistics cost control based on ABC is analyzed for manufacturing enterprises, and the integrated logistics cost control system is creatively put forward for manufacturing enterprises to implementing logistics cost management efficiently. Moreover, some measures including beforehand control, process control and afterwards control are put forward for manufacturing enterprises to reduce the total product cost.

Research on Military Logistics Costs Control Based on Activity-Based Costing

2014 ◽  
Vol 687-691 ◽  
pp. 5008-5011
Author(s):  
Yu Fei Li ◽  
Yong Bo Lv ◽  
Peng Bo Fu
Keyword(s):  
Distribution Ratio ◽  
Cost Control ◽  
Control Method ◽  
Mathematic Model ◽  
Cost Driver ◽  
Activity Based Costing ◽  
Logistics System ◽  
Logistics Cost ◽  
Military Logistics ◽  
The Military

Powerful military logistics system has been the mighty support of the high technical war, and cost control is the key to improving the efficiency of the military logistics. This paper proposed a cost control method in military logistics system based on activity-based costing (ABC). Starting with the consideration of characteristics of the military logistics, the target of cost control in military logistics system is put forward. Then the feasibility of applying ABC in military logistics cost control is analysed and the principles of it are explained. And in order to realize the target of cost control in military logistics system, the matrixes of the quantity and the distribution ratio of cost driver are constructed by the mathematic model. Finally, on this basis, the model of cost control in military logistics system is built, and the concrete measures is put forward.

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