Research On Cost Management Of XY Mining Company Based On Activity-Based Costing

Since 2017,due to the global economic downturn,China's domestic economic situation is grim and its growth rate is slow.There is no doubt that China's coal economy has also been affected.Coal enterprises are resource-intesive industries and rely heavily on the growth of coal production capacity.The increasing import of international energy prices,energy upgrades,national policies and other factors have caused the demand in China's coal market to be greatly reduced,coal prices and corporate profits have fallen sharply,and coal companies have struggled.After 10 years of gold,it enters the "cold winter".Only by subtly transforming the development mode can coal enterprises adapt to the trend of adjusting the economic structure and adapt to the new national policy.Today,with the high degree of social development and the increasingly fierce competition among enterprises,technical barriers are no longer the main determinants of the profitability of coal enterprises.On the contrary,costs have become more important in market competition.However,the low level of cost management and the inconspicuous management model are common problems in coal enterprises.With the rapid development of production technology,the proportion of indirect costs in coal costs has increased,and it is difficult to provide accurate cost information using traditional costing methods.At present,the problem of cost management is very prominent in coal enterprises and needs to be solved urgently.It is necessary to solve the problem of not digging coal and making money,less digging coal and losing market problems,and realizing enterprise transformation and upgrading must have a matching cost management model.The activity-based costing method can overcome the shortcomings of the traditional cost method,which not only helps to improve the accuracy of the enterprise cost information,optimizes the operational process to achieve the goal of cost control,but also helps the enterprise to improve the accuracy of product pricing and formulate a longterm development strategy.This paper uses a combination of normative research and case studies,combined withXY Mining's process and production characteristics,based on the activity-based costing method to build a new costing and cost management system at XY Mining,through this new cost management approach,Propose effective improvement suggestions.The first part of this paper first introduces the research background and significance of the topic selection.Based on the related research and practice of cost management in the homework cost method at home and abroad,the research ideas and methods are proposed.The second part is the related theory and concept basis of activity-based costing and its application status at home and abroad.The third part introduces the general situation,cost accounting and management status of XY Mining Company,analyzes the problems in cost management,and then proposes the necessity and feasibility of implementing the activity-based costing method in the company.The fourth part,based on XY mining company,introduces the implementation plan of activity-based costing and proposes a series of operation-based cost management methods.Finally,the conclusions and prospects,through the research and analysis of XY Mining Company,in order to provide reference for the cost management of the entire coal industry...