Application Research Of Time-Driven Activity-Based Costing In W Company

Manufacturing enterprises have always been the focus of cost accounting research.There are three reasons.First,the dependence of manufacturing enterprises on cost data is higher than that of other industries.Secondly,the manufacturing process of manufacturing enterprises is relatively fixed.A complete cost database can provide data support for the research of cost accounting methods.Finally,since the beginning of the 21 st century,with the rapid development of science and technology,manufacturing companies have undergone major changes in cost structure,with standard cost method and variable cost.The method of costing based on law and activity-based costing has been unable to meet the needs of enterprises,and even the strange phenomenon that the accounting cost is higher than the accounting income.Therefore,experts and scholars at home and abroad,business management personnel,etc.have been exploring a simple accounting process.The cost data obtained is true and effective,and is more conducive to the costing method of product cost pricing.W company is a large-scale manufacturing enterprise in China.At present,it uses the activity-based costing method for product cost accounting.This paper summarizes the problems and causes of the current cost accounting of the company through the analysis of the current cost accounting methods of the company,and will drive the time.The activity-based costing method uses the same operations for cost accounting,which contrasts with the company's current costing method,highlighting the advantages of time-driven activity-based costing in comparison with the cost-effectiveness of the activity-based costing method,and thus forming the company's new costing.The program provides theoretical basis and practical experience for other manufacturing companies to use this method.The article is divided into five parts.The first chapter is the introduction,which aims to clarify the purpose and significance of this paper.Through the analysis of the research status at home and abroad,the paper discusses the mainstream methods and problems of current manufacturing enterprise cost accounting.The second chapter introduces the specific situation of W company,including the company's organizational structure and product categories,and focuses on the company's current product costing methods and existing problems,and proposes the necessity and feasibility of timedriven activity-based costing in the company.The third chapter focuses on the practical application of time-driven activity cost method in W company,including operation center division,cost account setting,and cost statement preparation.The fourth chapter discusses the necessary safeguards that W Company should take when applying the time-driven activitybased costing method,so that the method can provide stable assistance for product cost accounting.Finally,for the conclusion of this paper,the time-driven activity-based costing method is used in the research and application of W company to draw the following conclusions: The time-driven activity-based costing method meets the costing requirements of manufacturing enterprises,and can simplify the cost accounting process while ensuring the truth of cost data.Effective,at the same time make a reasonable distinction between effective working time and idle working time,form data such as idle capacity,and elaborate new concepts such as the preparation of activity cost report,so that production management managers can fully understand the actual situation of enterprise production.Make the right production and operation decisions.