Research On Activity-Based Costing Of ZS Rubber Products Company

In today's economic situation,more and more enterprises participate in the price war,so it is particularly important to obtain accurate and reliable cost information.At the same time,with the development of information technology,the production mode of manufacturing enterprises is changing towards automation and intellectualization,and the proportion of indirect cost in the overall cost is gradually rising.Under this background,enterprises still using traditional cost accounting methods can not obtain real cost information,which greatly affects the competitiveness of enterprises.Activity-based costing can improve the accuracy and comprehensiveness of cost accounting,can fully show the real causes of cost occurrence,compared with traditional costing methods,it has great advantages and is suitable for modern manufacturing enterprises to reduce costs.Therefore,this paper chooses ZS Rubber Products Company as the research object,and constructs an activity-based costing system for ZS Rubber Products Company on the basis of analyzing its business process,hoping to provide some theoretical support for the accounting and management of Activity-Based Costing in rubber products industry,and also hope to make reasonable cost reduction and enhance market competitiveness for such manufacturing enterprises.Make a contribution.Firstly,this paper summarizes the related literature of activity-based costing by using literature research method.By using case study method,the current cost accounting system of ZS Rubber Products Company is analyzed in detail.Four main products are selected for cost accounting.The problems existing in the current cost accounting system are pointed out,including unreasonable indirect cost allocation,distorted cost information,narrow scope of cost accounting,lack of control over cost drivers,and single performance evaluation criteria.Through analysis and discussion,it is necessary and feasible for ZS Rubber Products Company to use Activity-Based Costing system.Combining with the business process and internal value chain,the business process of the enterprise is roughly divided into several important links,such as procurement,R&D,production,sales and management.On this basis,an activity-based costing system is designed for ZS Rubber Products Company.Thefour main products mentioned above are selected again for the cost accounting of the business process,including the Division of operations and operation centers,and resources.The purpose of this paper is to discuss in detail the whole process of product accounting by using activity-based costing in manufacturing enterprises.By means of comparative study,the indirect manufacturing cost and unit cost of ZS Rubber Products Company before and after the application of activity-based costing system are compared and analyzed,which proves that the implementation of activity-based costing system in ZS Rubber Products Company can provide more accurate and comprehensive cost information.On this basis,this paper also analyzed the advantages of the application of activity-based costing system in this enterprise,including that activity-based costing can provide more accurate and reliable cost information,make the pricing of enterprise products more reasonable,and make the cost control more effective.Then a series of safeguard measures are put forward.It is suggested that ZS Rubber Products Company strengthen the cooperation between departments,strengthen the training of relevant personnel,accelerate the construction of accounting informatization,and provide guarantee for the smooth implementation of activity-based costing system in this enterprise.Based on the above accounting and analysis,the following conclusions are drawn:Activity-based costing system is feasible in the operation of the enterprise,and it has certain advantages compared with traditional costing methods.Mainly including ZS rubber products company under the activity-based costing system,the product cost data is more accurate and reliable,the cost information is more refined and specific,which can help enterprises to better control cost and achieve the purpose of reasonable cost reduction.At the same time,activity-based costing information can serve the production and management decision of ZS Rubber Products Company well,and it has important practical significance for enterprises to enhance their comprehensive strength and competitiveness.