Improvement Path Of Enterprise Cost Control In RS Company ——Based On Time Driven Activity-based Costing

Cost leadership is one of the key strategies for companies to win in the competition,and cost control is an important management issue that all companies must face.Effective cost control management is an issue that every enterprise must pay attention to,and grasping it can drive the overall situation.With the development of production technology,highly automated production technology enables companies to meet the diverse and small-batch needs of customers,and can quickly and high-quality produce products with strong individuality,multiple varieties and small batches.The traditional cost accounting algorithm has a single allocation standard,and the allocation method of manufacturing expenses will cause distortion and distortion of cost information,which cannot meet the needs of enterprises.The traditional ABC system is expensive to establish,the maintenance process is complicated,and the adjustment is difficult,and most companies cannot promote it.Time-driven activity-based costing has the characteristics of simple operation and easy update,and it can also provide help for enterprises in terms of capacity analysis,predictive analysis,and performance appraisal.RS Company is a small and medium-sized enterprise in the flavor and fragrance industry,and currently uses traditional cost accounting algorithms for product cost accounting.This paper uses a combination of theoretical research and case studies to summarize the existing problems of the current cost accounting method through the analysis of the current cost accounting method,introduces the time-driven activity costing method to conduct comparative accounting,and forms a new accounting plan based on this.Provide practical experience for other manufacturing companies.The article consists of six chapters.The introduction of the first chapter summarizes the research purpose and significance of this article.Through the analysis of the current research situation at home and abroad,the research ideas and methods are determined.The second chapter combs the related concepts and theoretical basis of traditional cost accounting method,traditional activity-based costing method and time driven activity-based costing method.In the third chapter,through the introduction and analysis of RS company,combined with the comparative study of traditional cost accounting method,traditional activity-based costing method and time driven activity-based costing method,the necessity and feasibility of time driven activity-based costing method in RS company are put forward.The fourth chapter makes a comparative analysis between RS company's production cost accounting method and the implementation of time driven activity-based costing method.The fifth chapter obtains the effect of time driven activity-based costing on RS company's cost control,implementation obstacles and improvement suggestions according to the comparative data analysis.The sixth chapter is the conclusion part.Through the application of time-driven activity costing in RS company,the following conclusions are drawn: time-driven activity costing meets the cost accounting requirements of this type of enterprise,the cost data provided is closer to the truth,and the cost update is simple and easy,Idle capacity analysis can effectively know management improvements,and cost accounting data can effectively know product decisions and pricing strategies.This article also innovatively uses time-driven activity-based costing analysis to guide process improvement assessment,enriches the costing research,and provides a reference for the application of time-driven activity-based costing.