Research On Cost Accounting Of QW Company Based On Activity-based Costing

Under the environment of market economy,the products of enterprises are more and more diversified,and the competition among enterprises is more and more fierce.The indirect cost of some enterprises' products accounts for a relatively large proportion in the product cost.If the managers still adhere to the traditional cost accounting method,such as allocating the indirect cost according to the single distribution standard such as output or working hours,they cannot accurately reflect the enterprises The true cost information of the product.The activity-based costing is divided into different activity centers according to the production process of enterprise products,and determines the activity drivers according to the characteristics of the activity,and determines the final product cost information through the activity consumption of resources and products.Compared with the traditional cost method,activity-based costing can allocate indirect cost more accurately and scientifically,which makes the cost information of enterprise products more accurate.QW company is a manufacturing company.The manufacturing expenses of its products account for a large proportion.Its cost accounting method is still the traditional accounting method based on the product output,which leads to its inability to truly and accurately reflect the company's product cost information,which will also affect the company's control of product cost information and the decision-making of pricing,etc.This paper first introduces the research status of activity-based costing at home and abroad,and then briefly summarizes the concept,elements,basic principles and accounting procedures of activity-based costing.This paper selects three different specifications of water treatment products of QW company,namely hydrochloric acid storage tank,as sample products,introduces the cost composition of sample products,lists the current cost accounting methods of three sample products of QW company,finds the limitations of current cost accounting methods,and puts forward the necessity and feasibility of implementing Activity-Based Costing in QW company.Next,this paper designs the application of Activity-Based Costing in QW company.Through communication with the relevant management,technical personnel and production personnel of the enterprise,the author understands the direct materials required by three different specifications of hydrochloric acid storage tanks of QW company and the process flow of producing sample products,establishes the operation center and determines the operation motivation according to the process flow,and understands the sample product institute Through obtaining the financial data of the three products,we finally allocate the manufacturing expenses according to the activity-based costing,and finally determine the cost of the sample products.Through the comparison with the current cost accounting method of the company,the superiority of activity-based costing is found.Finally,the corresponding safeguard measures are put forward against the possible obstacles in the implementation of activity-based costing.