Research On Application Of Activity-based Costing In M Coal And Electricity Group

In recent years,the implementation of China’s energy-saving and environmental protection policies,the proposal of the "two-carbon" target and the state’s supervision of the"de-production" task of coal enterprises have all tested the future development of the coal industry,whether resources can be reasonably utilized under the targets of energy conservation and environmental protection,peak carbon emissions and carbon neutrality,and whether products needed by the society can be produced so as to not only meet the national target but also contribute to the national production and living needs;With the help of the country’s new"de-production" policy,the problem of low coal prices resulting from oversupply leading to losses for coal enterprises and various debt problems has been solved,which has brought the coal prices of coal enterprises back to the "normal" level and promoted the healthy and steady development of the industry.In such a living environment,coal enterprises need to strengthen cost control,set reasonable prices,and use cost calculation methods that can accurately reflect the cost of products to supervise and control the cost of enterprises.In this paper,the basic concept of activity-based costing is firstly explained,then the basic situation of M Coal and Power Group is briefly described,then the feasibility and necessity of activity-based costing for M Coal and Power Group are analyzed,the basic elements of activity-based costing are decomposed according to the actual situation of enterprises,the cost in the production process is analyzed,the operations are decomposed through the production process flow,and the operations are combined into an operation center according to the characteristics,Then,according to the resources required by the activities,the cost is allocated to each activity center,and then the activities are allocated to the products,forming the product cost under the activity-based cost method.Compared with the traditional cost method,the differences and advantages of the activity-based cost method are pointed out,and a conclusion is drawn.In the whole analysis process,the application of activity-based costing in M Coal and Power Group will be studied by using the methods of literature research,field research and comparative analysis.The shortcomings of the current cost method will be described and the existing problems will be analyzed.The purpose is to clarify the product cost information,allocate the direct cost and indirect cost to the products according to the cost drivers,obtain the product cost allocated as accurately as possible,and show the operation process of activity-based costing through the calculation process.This paper puts forward the areas that enterprises need to improve if they want to implement activity-based costing:perfecting the company’s system and process,obtaining the support of the management,strengthening the concept of cost control for all staff,drawing a clear line of responsibilities in the financial department,and training the personnel related to activity-based costing.Through the application of activity-based costing to M Coal and Power Group,it is concluded that activity-based costing can be applied to coal enterprises,but the content division is very subjective.A clearer definition of the key elements is needed to make the application of activity-based costing to all kinds of enterprises better.The production value of slime is negative,and the sale at a loss not only bears a large number of costs,but also does not bring economic benefits to the enterprises.The treatment of waste rock is inappropriate,which is an ineffective and ineffective input of resources.I hope this article can be helpful or enlightening for coal enterprises and even other enterprises in cost control.