Research On The Application Of Activity-Based Costing In Chemical Companies

With economy globalization and market internationalization, competition in chemical industry is getting more intense. Especially, China's real economy has slided since 2008, chemicals market has seriously shrinked. The competition in chemical industry has changed from prices to costs. Currently, traditional costing is widely used in China's chemical industry, which has a serious problem in providing precise cost data.In light of a chemical X chemical limited company's reality, this thesis puts forward the idea that Activity-Based Costing adapted in enterprises gets the calculation result closer to the reality and distribution of manufacture cost preciser than traditional costing approach, which provides a reliable basis for enterprises'cost control and products strategic decision with preciser cost information, then guarantees enterprises'survival and development in current economy situation.