Research On Cost Accounting And Control Of M Company Based On LUBA Model

With the new normal of China's economic development and the report of “the19th national congress of CPC” clearly pointed out that the focus of economic development is on the real economy.As the main body of the real economy,the highquality development of manufacturing industry has been highly valued by the party and the state.At present,China's manufacturing industry,especially machinery manufacturing industry has been affected by the lack of core technology and unoptimized industrial structure,resulting in a continuous decline in profits.These situations have forced the development of China's machinery manufacturing industry to become more and more severe.Therefore,it is necessary to study the cost accounting and control aspects of machinery manufacturing enterprises,and provide reference and help for their cost management and development.Combined with the production characteristics of machinery manufacturing enterprises,this paper briefly introduced the theory of cost accounting and cost control.It taken M company as the object,researched the cost of three types of gear products manufactured by gear shops,and it used the process program analysis method to analyze the whole process flow of gear processing.It analyzed the current cost structure,cost accounting and control status and problems of M company,and clarify the premise of implementing cost management.Based on the idea of ABC and combined with the program flow chart of gear products,LUBA cost models suitable for ABC database collection and ABC allocation were established,and the cost of M company was calculated.It used standard ABC and LUBA cost model,and direct standard cost and indirect standard cost were established respectively,and the differences between actual cost and standard cost were compared.It used fish-bone diagram analysis method to analyze the specific reasons for the cost difference,and it combined with the principle of ECRS to optimize the gear production process,in order to achieve the purpose of reducing costs,and analyzed and optimized product price and profitability.The LUBA cost model established in this paper provided great help for cost accounting and cost control.By compared the difference between actual cost and standard cost,the cost difference rate of gear products were obtained to provide reference for cost management.The fish-bone diagram was used to analyze the costdifference results under the LUBA cost model,and the ECRS principle was combined to reduce the product cost.The feasibility and practicability of the method were verified,which has certain theoretical guiding significance and application value for the fine cost control of the enterprise.