SavedAdd your journal

Journals / Journal of Research in Business / 2020 / Cilt: 5 - Sayı: 2

IMPLEMENTATION OF ACTIVITY-BASED COSTING AND ACTIVITY-BASED VARIANCE ANALYSIS IN FOOD INDUSTRY

Zeliha KALDIRIM
Yusuf KALDIRIM
Pages
174–192
Publication Date
2020-12-29
DOI
—
🏛️Bibliographic metadata and full text access for this article are provided via DergiPark.
DergiPark Record ↗
✨

AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

Activity-based variance analysis results revealed that variances on activity and product level.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Activity based costing assings overheads to products with convenient drivers and makes costs of products visible on activities level.
📊
Key Findings & Data:Activity based variance analysis approaches reveals variances on product and activity level.
💡
Conclusion & Impact:Activity-based variance analysis results revealed that variances on activity and product level.
🔬Design:Research Article
📍Scope:Comprehensive Sample
⚙️Variables:Activity Based Costing · Activity Based Variance Analysis · Cost Management

Abstract

Activity based costing assings overheads to products with convenient drivers and makes costs of products visible on activities level. Activity based variance analysis approaches reveals variances on product and activity level. Activity Based Costing and Activitiy based variance analysis are tools methods for continuous improvement and cost management. Study aims to apply activity-based costing and activity-based variance analysis in food industry. First stage covers observation and data collection period. Implementation preiod starts with activity-based budgeting process. Than, overheads assigned to products following activity-based costing steps than using activity-based variance analysis approaches variances are calculated. Activity-based costing implementation results provided evidence that overheads consist important part of food costs. Activity-based variance analysis results revealed that variances on activity and product level.

🔖

Cite This Article

KALDIRIM, Z., KALDIRIM, Y. (2020). IMPLEMENTATION OF ACTIVITY-BASED COSTING AND ACTIVITY-BASED VARIANCE ANALYSIS IN FOOD INDUSTRY. Journal of Research in Business, Cilt: 5 - Sayı: 2, 174–192. https://ajindex.com/articles/778477

📄 Full Text PDF Viewer

📄

PDF görüntüleyici hazırlanıyor...

References (18)

  1. Cagwin, D. and Bouwman W. (2002), The Association Between Activity-Based Costing And Improvement in Financial Performance, Management Accounting Research, 13(1), 1-39.
  2. Cardoş, I.R., Pete,S., (2011), Activity-based Costing (FTM) and Activitybased Management (ABM) Implementation – Is This the Solution for Organizations to Gain Profitability?, Romanian Journal of Economics, 2011, 32 (1(41)), 151-168.
  3. CIMA (2001), Activity based management – An overview, Technical briefing Cooper R. and Kaplan R.S. (1988), Measure Costs Right: Make The Right Decisions, Harvard Business Review, 66, 96-103.
  4. Cooper R. And Kaplan, R.S. (1991), Profit Priorities From Activity-Based Costing, Harvard Business Review, 69(3), 130-135.
  5. Cooper R. And Kaplan, R.S. (1992), Activity-Based Systems: Measuring the Costs of Resource Usage, Accounting Horizons, September, 1-12.
  6. Geri, N. And Ronen, B. (2005),
  7. Relevance Lost, The Rise And Fall of Activity-Based Costing, Human Systems Management, 24, 133-144.
  8. Goebel, D.J., Marshal, G.W. and Locandar, W.B., (1990),
  9. Accounting For A Market Orientation, Industrial Marketing Management, 27, 497-510.
  10. Gupta, M. And Galloway, K. (2003), Activity Based Costing/Management And Its Implications For Operation Management, Technovation, 23, 131-138.
  11. Hansen, D. And Mowen, M (2006). Cost Management: Accounting And Control, Thomson South-Western, 5th ed., USA. Hansen, D.R., Mowen, M.M. and Guan, L. (2009), Cost Management: Accounting and Control, Cengage Learning, USA Horngren, C.T., Srikant, M.D. And Rajan, M. (2012), Cost Accounting: A Managerial Emphasis, Prentice Hall, 14th ed. Ittner, C.,D. (1999), Activity Based Costing Concepts for Quality Improvement, European Management Journal, 17(5), 492-500.
  12. Kaplan, R.S. and Anderson, S.R. (2003),
  13. Time-Driven Activity-Based Costing, HBS Working Paper, No:04-45.
  14. Kennedy, T. and Affleck-Grawes, J.(2001). The Impact Of Activity-Based Costing In Firm Performance, Journal of Management Accounting Research, 13(1), 19-45.
  15. Lere, C.,J. (2000), Activity Based Costing: A Powerful Tool For Pricing, Journal of Business and Industrial Marketing, 15(1), 23-33.
  16. Mak, Y.T and Roush, M.L. (1994), Flexible Budgeting and Variance Analysis in an Activity-Based Costing Environment, Accounting Horizons, Vol.8, No.2, pp.94-103.
  17. Malcom, R. (1991), Overhead Control Implication of Activity Costing, Accounting Horizons, 5(4), 69-78.
  18. Özbayrak, M. Akgün, M. and Türker, A.K. (2004), Activity-Based Cost Estimation in Pussh/Pull Advanced Manufacturing S