Research On Cost Control System Of F Company Based On Standard Cost Method

Under the pressure of the overall economic downturn,China’s real industry is facing major challenges.Reducing costs has become the primary choice for the economic reform of most real enterprises.In recent years,the international trade environment is complex and changeable.Sino US trade war and COVID-19 all have a strong impact on small and medium-sized manufacturing enterprises.The rising difficulty of employment,the increasing of labor cost,the rising price of raw materials,the repeated lag of product export and the continuous backlog of inventory have seriously compressed the space for the survival and development of small and medium-sized manufacturing enterprises.Only by carrying out cost control,making use of the relationship between cost and factors such as quality,quantity,resources and price,and cooperating with the selection and implementation of enterprise strategy,can the enterprise obtain the maximum profit as far as possible and obtain competitive advantage in the market,can it continue to expand the space for survival and development.F company is a small and medium-sized metal products enterprise,established in2011,mainly engaged in kitchen electrical appliances,such as slicer,meat grinder,bone sawing machine,etc.At present,the cost control adopted by F company is mainly post control,which has poor control effect and falls into the dilemma of low profit margin.In order to find a way out,cost control is now placed at a strategic height.Through the understanding of the current situation of cost control in F company,this paper believes that there are a series of practical problems,such as weak awareness of cost control,lack of scientificity in goal setting,unclear division of rights and responsibilities,imperfect links during and after the event,and unsmooth information transmission.Based on this,this paper proposes to build a cost control system based on standard cost method.Firstly,it is clear that the goal of system construction is to obtain competitive advantage for enterprises in the market,then it designs an organization system that can supervise and link with each other,then defines the scope of responsibilities of each cost center,puts forward the formulation procedure of standard cost of each project,standardizes the two sets of accounting procedures of cost analysis and financial analysis,and follows the principles of standard price and standard quantity in the link of cost difference analysis,It also proposes to refine the performance evaluation indicators and establish the evaluation scoring system.Finally,it puts forward the guarantee measures for the effective implementation of the control system from the three aspects of system,consciousness and information.By constructing the cost control system to solve the dilemma of F company,this paper demonstrates the pivotal position of scientific and reasonable cost control system in the development of small and medium-sized manufacturing enterprises.The use of scientific and reasonable cost control system can help small and medium-sized manufacturing enterprises obtain cost advantages,cooperate with strategic selection and implementation,and obtain competitive advantages in the market.The cost control system also needs to be tested in practice in order to continuously improve and gradually improve.It is also hoped to provide some references for other small and medium-sized manufacturing enterprises in cost control.