Research On The Improvement Of Production Cost Account Of Continual & Multi-procedure Chemical Synthetic Process

The accuracy of production cost account is very important for the plant cost control.The normal cost accounting theory is only the theoretical guidance to the methods when the production cost is calculated,which is applicable for the production process with not complicated procedure and not so many products.While as to the continual chemical synthetical process,the procedure is rather long and there is complex chemical reaction with the chemical process,which is not as simple as the assembly production line.When the production cost is calculated with the method of fractional steps,the process should be partitioned exactly for cost calculation.And as to the cost account of work-in-process,we cannot simply adopt method of equivalent units, norm proportion or norm costing method.This paper analyzes the application accuracy and the factors influencing the accuracy in accordance with the normal cost verification method and based on MMA production of GH Company with the continual & multi-procedure chemical synthetical process.This paper presents the counter measures to accurate production cost account considering process partition for the cost calculation,quantity of work-in-process calculation & cost treatment,and manufacturing overhead allocation.Demonstrates the counter measures to the actual production cost account,and uses for reference for the production cost account of the chemical enterprise with the similar production way.