Study On The Application Of Time-driven Activity-based Costing Method In The Cost Management Of SJ Company

Manufacturing industry has always occupied the main position in the national economy,at the same time it is also one of the most important areas in supply-side structural reform.Reducing production cost and improving cost management level are the inevitable choice for manufacturing enterprises to seek high quality development,and it is the only way for manufacturing enterprises to deal with the new normal of China’s economic development and meet the urgent requirements for its transformation and upgrading.At present,the traditional cost accounting methods widely used are difficult to meet the demand of manufacturing enterprises under the trend of rapid renewal of machinery and equipment and expanding product output.Time-driven activity-based costing has become an effective means to help enterprises to carry out cost management better by virtue of its advantages of providing cost information more timely and accurate.Based on this,this paper first uses the method of theoretical research,on the basis of systematic research and elaboration of the relevant time-driven activity-based costing method and cost management theory at home and abroad,and determines time-driven activity-based cost method as a tool to improve the cost accounting and management level of manufacturing enterprises.Secondly,this paper uses the method of case study to introduce time-driven activity-based costing method into SJ mould manufacturing company in order to verify its value in strengthening the cost management of manufacturing enterprises.This paper first takes the cost accounting process of three pairs mould as an example,expounds the present situation of the cost accounting of SJ company and analyzes its existing problems,then explains the feasibility and necessity of the introduction of time-driven activity-based costing method by SJ company,and then constructs the general system of the cost accounting of SJ company according to the principle of time-driven activity-based costing method.The three pairs mould is introduced in detail.The concrete operation and accounting steps of the time-driven activity-based costing method are used to account for the calculation and comparison of the operation cost method and the traditional cost accounting methods,so as to obviously demonstrate the diversity of the indirect cost of the product before and after the operation in time-driven activity-based costing.After that,this paper summarizes the problems in the process of time-driven activity-based costing method and puts forward some suggestions for improvement.Finally,the main conclusion is drawn: time-driven activity-based costing method can reflect the cost information accurately and in a timely manner,and provide more reliable support for the production and operation decision of the enterprise.This provides some reference value and reference significance for China’s manufacturing enterprises to improve their own cost management level.The innovation of this paper is: in the background that current domestic application of activity-based costing method is rare,through the three pairs of specific molds as an example in SJ company to implement time-driven activity-based costing method,this paper put forward a set of operational strong implementation plan and provides a reference case for the same industry enterprises and even other manufacturing enterprises to find an activity-based costing accounting mode which can operate in a long-term and conforms to the principle of cost effect.