Собрание схем по методологии калькулирования себестоимости - Activity-Based Costing. Также есть схемы по Activity-Based Budgeting. Схемы собраны в одну презентацию. Надеюсь, что поможет Вам мои подборки. Мой сайт: ivan-shamaev.ru
Activity Based Costing and Zero Based Budgeting - Optimise-GB Simon Misiewicz
Optimise-GB gives a presentation on Activity Based Costing (ABC) and Zero Based Costing (ZBB). These methods illustrates how ABC and ZBB can be used to calculate unit cots taking into account variable, semi-fixed and fixed costs by splitting the costs by usage, time, space and volume from scratch. This ensures that assumptions are not taken into account and factual costs are applied so that true margins may be derived. Thank you Simon Misiewicz
Собрание схем по методологии калькулирования себестоимости - Activity-Based Costing. Также есть схемы по Activity-Based Budgeting. Схемы собраны в одну презентацию. Надеюсь, что поможет Вам мои подборки. Мой сайт: ivan-shamaev.ru
Activity Based Costing and Zero Based Budgeting - Optimise-GB Simon Misiewicz
Optimise-GB gives a presentation on Activity Based Costing (ABC) and Zero Based Costing (ZBB). These methods illustrates how ABC and ZBB can be used to calculate unit cots taking into account variable, semi-fixed and fixed costs by splitting the costs by usage, time, space and volume from scratch. This ensures that assumptions are not taken into account and factual costs are applied so that true margins may be derived. Thank you Simon Misiewicz
ACtivItY BaSeD CostinG, Value ChAin AnalysiS, TargeT cosTing & Life Cycle Cos...Sonu Sah
It is the small presentation on the topic of activity based costing, value chain analysis, target costing and life cycle costing of the Cost and Management Accounting.
| Managerial Accounting | Chapter 1 | An Overview to Managerial Accounting | ...Ahmad Hassan
Chapter 1: an overview of managerial accounting -- managerial accounting and financial accounting, work of management, planning and control cycle, differences b/w managerial accounting and financial accounting, comparing merchandising and manufacturing activities, Chapter 2: managerial accounting and cost concepts -- classifications of costs, manufacturing and non-manufacturing costs, product costs versus period costs, cost classifications for predicting cost behavior, fixed costs and variable costs, direct and indirect costs, differential costs and revenues, opportunity and sunk costs.
For more course tutorials visit
www.newtonhelp.com
B6021 Module 1 Assignment 3 Calculating Inventory
Finlon Upholstery Inc. uses a job-order costing system to accumulate manufacturing costs. The company's work-
This material is prepared as my teaching material for undergraduate degree class in Business Management. The main source is Handfield & Bozarth book "Introduction to Operations and Supply Chain Management". The actual slide features the video of alloy wheel production, to visualise the hybrid production type which combines continuous flow, batch manufacturing as well as production line. Feel free to give advice & feedback.
Activity Based Costing: A Case of Plastim CorporationRahul Dhiman
Activity Based Costing: A Case of Plastim Corporation. This case is about comparison between the Modern Costing system is better than The Traditional System.
ACtivItY BaSeD CostinG, Value ChAin AnalysiS, TargeT cosTing & Life Cycle Cos...Sonu Sah
It is the small presentation on the topic of activity based costing, value chain analysis, target costing and life cycle costing of the Cost and Management Accounting.
| Managerial Accounting | Chapter 1 | An Overview to Managerial Accounting | ...Ahmad Hassan
Chapter 1: an overview of managerial accounting -- managerial accounting and financial accounting, work of management, planning and control cycle, differences b/w managerial accounting and financial accounting, comparing merchandising and manufacturing activities, Chapter 2: managerial accounting and cost concepts -- classifications of costs, manufacturing and non-manufacturing costs, product costs versus period costs, cost classifications for predicting cost behavior, fixed costs and variable costs, direct and indirect costs, differential costs and revenues, opportunity and sunk costs.
For more course tutorials visit
www.newtonhelp.com
B6021 Module 1 Assignment 3 Calculating Inventory
Finlon Upholstery Inc. uses a job-order costing system to accumulate manufacturing costs. The company's work-
This material is prepared as my teaching material for undergraduate degree class in Business Management. The main source is Handfield & Bozarth book "Introduction to Operations and Supply Chain Management". The actual slide features the video of alloy wheel production, to visualise the hybrid production type which combines continuous flow, batch manufacturing as well as production line. Feel free to give advice & feedback.
Activity Based Costing: A Case of Plastim CorporationRahul Dhiman
Activity Based Costing: A Case of Plastim Corporation. This case is about comparison between the Modern Costing system is better than The Traditional System.
Activity based costing is considered to be useful only for Manufacturing Organizations whereas reality is that it is equally usefull to Service providers
Cost ManagementLecture 24Chapter 10 Modified from P.docxfaithxdunce63732
Cost Management
Lecture 24
Chapter 10
* Modified from PPT slides of McGraw-Hill/Irwin
Activities
consume
resources Products
consume
activities
Recap of what we covered last class
Costing method that first assigns costs to
activities and then allocate them to products
based on the products’ consumption of
activities.
Activity-Based Costing
Activity-Based Cost Management
Activity-based cost
management uses activity
analysis in decision making.
Activity-based costing
focuses on activities in
allocating overhead
costs to products.
Activity-based
management focuses
on managing activities
to reduce costs.
Overview:
1. Explain the concept of activity-based cost management.
2. Use activity-based costing methods to assess customer and
supplier costs.
3. Distinguish between resources used and resources supplied.
4. Design cost management systems to assign capacity costs.
5. Describe how activities that influence quality affect costs and
profitability.
Managing the Cost of Customers and Supplies
Resources cost Customers (and suppliers)
use resources
Some customers use more
resources than others
Time Money=
Activities consume
resources
Services consume
activities
ABC and the Cost: Customers and Suppliers
Use the same four-step ABC product costing process to
assess customers and suppliers.
3. Compute a cost rate per cost driver unit or
transaction.
4. Allocate costs to customers by multiplying the
cost driver rate by the volume of cost driver units
consumed by the activity or transaction that
occurred.
1. Identify the activities that consume resources and
assign costs to them.
2. Identify the cost driver(s) associated with each
activity.
Example: Cost of Customers
Operating Data
Red’s Lumber
Jack Jill Firm
Sales 50,000$ 50,000$ 5,000,000$
Cost of goods (@60%) 30,000 30,000 3,000,000
Gross margin 20,000 20,000 2,000,000
Order/Delivery Charges (@16%) 8,000 8,000 800,000
Delivery costs 800,000
Other operating costs 1,435,000
Operating profit 565,000$
All customers pay a 16% delivery charge
Example: Red’s Lumber – Step 1
What activities consume resources
for Red’s delivering service?
Process Flow of the Delivery Service
Red’s Lumber
Entering
Order
Loading
Order
Delivering
Order
Identify the activitiesStep 1
Example: Red’s Lumber – Step 2
Identify the cost drivers and the
expected volume of each cost driver.Step 2
Entering order Number of orders entered
Loading order Number of items loaded
Delivering order Number of deliveries made
Delivery administration Order value
Activity Cost Driver
Example: Red’s Lumber – Step 2
Identify the cost drivers and the
expected volume of each cost driver.Step 2
Entering order Number of orders entered
Loading order Number of items loaded
Delivering order Number of deliveries made
Delivery administration Order value.
Cost Accounts - Classification of manufacturing costs - Accounting for manufacturing costs. Cost Accounting Systems: Job order costing - Process costing- Activity Based Costing- Costing and the value chain- Target costing- Marginal costing including decision making- Budgetary Control & Variance Analysis - Standard cost system.
Chapter 7: systems design: activity-based costing -- assigning overhead costs to products, plant wide overhead rate, departmental overhead rates, designing and abc system, hierarchy of activities, activity-based costing at classic brass, using activity-based costing, direct labor hours as base, computing activity rates, shifting to overhead costs, targeting process improvements, evaluation of activity-based costing, abc and service industries, cost flows in an abc system.
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6. Activity Based Costing (ABC)
ABC is designed to
provide managers
with cost information
for strategic and
other decisions that
potentially affect
capacity and
therefore “fixed”
costs.
ABC is a
good supplement
to our traditional
cost system
I agree!
7. Activity Based Costing (ABC)
Both manufacturing
Both manufacturing
and nonmanufacturing
and nonmanufacturing
costs may be
costs may be
assigned to
assigned to
products.
products.
A number
A number
of cost pools each
of cost pools each
allocated to a product
allocated to a product
or cost object.
or cost object.
Some manufacturing
Some manufacturing
costs may be excluded
costs may be excluded
from product
from product
costs.
costs.
Allocation bases often
Allocation bases often
differ from
differ from
traditional costing
traditional costing
systems.
systems.
Overhead rates may
Overhead rates may
be based on activity
be based on activity
at capacity.
at capacity.
8. How Costs are Treated Under
Activity-Based Costing
Activity Based
Activity Based
Costing
Costing
Departmental
Departmental
Overhead
Overhead
Rates
Rates
Plantwide
Plantwide
Overhead
Overhead
Rate
Rate
lo
ve
Le
om
fC
it y
x
le
p
Overhead Allocation
13. The problem with this approach
is that individual products,
services, etc., may use those
resources in a nonuniform way.
The end result is that some
products will be overcosted
while others will be
undercosted.
14. Refining a Cost System
Reclassify
indirect costs as direct
costs.
Define
more cost pools.
Identify
Use
cost drivers.
Activity-Based Costing.
20. Step #1:Identify and Define
Activities and Activity Cost Pools
An Activity Cost
Pool is a “bucket” in
which costs are
accumulated that
relate to a single
activity measure in
the ABC system.
$$
$
$$$
22. Step #1: Identify and Define
Step #1 For Classic Brass
Activities and Activity Cost Pools
At Classic Brass, the ABC team, selected the
following activity cost pools and activity
measures:
Activity Cost Pools at Classic Brass
Activity Cost Pool
Customer orders
Product design
Order size
Customer relations
Other
Activity Measure
Number of customer orders
Number of product designs
Machine-hours
Number of active customers
Not applicable
23. Step #1:Identify and Define
Activities and Activity Cost Pools
Customer
Orders - assigned all costs of
resources that are consumed by taking
and processing customer orders.
Product
Designs - assigned all costs of
resources consumed by designing
products.
Order
Size - assigned all costs of
resources consumed as a consequence of
the number of units produced.
24. Step #1:Identify and Define
Activities and Activity Cost Pools
Customer
Relations – assigned all costs
associated with maintaining relations
with customers.
Other
– assigned all overhead costs that
are not associated with the other cost
pools.
34. Activity Cost Pools For
Step #1: Identify and Define
Classic Brass Activity Cost Pools
Activities and
At Classic Brass, the ABC team, selected the
following activity cost pools and activity
measures:
Activity Cost Pools at Classic Brass
Activity Cost Pool
Customer orders
Product design
Order size
Customer relations
Other
Activity Measure
Number of customer orders
Number of product designs
Machine-hours
Number of active customers
Not applicable
35. Calculate Activity Rates
The ABC team determines that Classic Brass will
have these total activities for each activity cost
pool . . .
1,000 customer orders
200 new designs
20,000 machine-hours
100 customer relations activities
Now the team can compute the individual
activity rates by dividing the total cost for
each activity by the total activity levels.
36. Calculate Activity Rates
Computation of Activity Rates
Activity Cost Pools
Customer orders
Product design
Order size
Customer relations
Other
(a)
Total Cost
$ 315,000
257,000
380,000
367,500
490,500
(b)
Total Activity
1,000 orders
200 designs
20,000 MHs
100 customer
Not applicable
÷
(a) (b)
Activity Rate
$315 per order
$1,285 per design
$19 per MH
$3,675 per customer
Not applicable
37. Activity-Based Costing at Classic Brass
Direct
Materials
Direct
Labor
Shipping
Costs
Traced
Traced
Traced
Overhead Costs
Cost Objects:
Products, Customer Orders, Customers
38. Activity-Based Costing at Classic Brass
Direct
Materials
Direct
Labor
Shipping
Costs
Overhead Costs
First-Stage Allocation
Order
Size
Customer
Orders
Product
Design
Customer
Relations
Cost Objects:
Products, Customer Orders, Customers
Other
39. Activity-Based Costing at Classic Brass
Activity-Based Costing at Classic Brass
Direct
Materials
Direct
Labor
Shipping
Costs
Overhead Costs
First-Stage Allocation
Order
Size
Customer
Orders
Product
Design
Customer
Relations
Other
Second-Stage Allocations
$/MH
$/Order
$/Design
$/Customer
Cost Objects:
Products, Customer Orders, Customers
Unallocated
41. Assigning Costs to Cost Objects
Let’s take a look at how our system works for just one
customer – Windward Yachts.
Standard Stanchions (no design required)
1. 400 units ordered with 2 separate orders.
2. Each stanchion required 0.5 machine-hours .
3. Selling price is $34 each.
4. Direct materials total $2,110.
5. Direct labor totals $1,850.
6. Shipping costs total $180.
Custom Compass Housing (requires new design)
1. One order during the year.
2. Each housing required 4 machine-hours .
3. Selling price is $650 each.
4. Direct materials total $13.
5. Direct labor totals $50.
6. Shipping costs total $25.
42. Computation of Activity Rates
Activity Cost Pools
Customer orders
Product design
Order size
Customer relations
Other
(a)
Total Cost
$ 315,000
257,000
380,000
367,500
490,500
(b)
Total Activity
1,000 orders
200 designs
20,000 MHs
100 customer
Not applicable
Standard Stanchions (no design required)
1. 400 units ordered with 2 separate orders.
2. Each stanchion required 0.5 machine-hours .
3. Selling price is $34 each.
4. Direct materials total $2,110.
5. Direct labor totals $1,850.
6. Shipping costs total $180.
(a) (b)
Activity Rate
$315 per order
$1,285 per design
$19 per MH
$3,675 per customer
Not applicable
43. Custom Compass Housing (requires new design)
1. One order during the year.
2. Each housing required 4 machine-hours .
3. Selling price is $650 each.
4. Direct materials total $13.
5. Direct labor totals $50.
6. Shipping costs total $25.
Computation of Activity Rates
Activity Cost Pools
Customer orders
Product design
Order size
Customer relations
Other
(a)
Total Cost
$ 315,000
257,000
380,000
367,500
490,500
(b)
Total Activity
1,000 orders
200 designs
20,000 MHs
100 customer
Not applicable
(a) (b)
Activity Rate
$315 per order
$1,285 per design
$19 per MH
$3,675 per customer
Not applicable