2005Unpublished venueRequires access

Method Chosen for Cost Accounting in Cost Management

Wu Aiping

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Abstract

There are 2 methods for anterprise cost calculation,such as cost accounting mthod and operational cost method.Cost accounting method will iaduce the problems of distortions of product cost information,decision bases and runaway of cost if it is not used property.The operation cost method relatively has more advantages,which is the optimal selection of cost calculation method in modern enterprise cost management.The edvantages of both can be used for better result.

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What this paper is about

There are 2 methods for anterprise cost calculation,such as cost accounting mthod and operational cost method.Cost accounting method will iaduce the problems of distortions of product cost information,decision bases and runaway of cost if it is not used property.The operation cost method relatively has more advantages,which is the optimal selection of cost calculation method in modern enterprise cost management.The edvantages of both can be used for better result.

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Available abstract

There are 2 methods for anterprise cost calculation,such as cost accounting mthod and operational cost method.Cost accounting method will iaduce the problems of distortions of product cost information,decision bases and runaway of cost if it is not used property.The operation cost method relatively has more advantages,which is the optimal selection of cost calculation method in modern enterprise cost management.The edvantages of both can be used for better result.

Key concepts: Cost accounting, Total absorption costing, Relevant cost, Product cost management, Cost estimate, Implicit cost, Cost engineering, Cost contingency

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