A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method

A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method

This research study revolves around a case study company, which manufactures electric and electronics products. The objective of this work is to compare Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDBAC). This work began by collecting data related to the production costs of...

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Main Authors: Nurul Farahin, Zamrud, Mohd Yazid, Abu, Nik Nurharyantie, Nik Mohd Kamil, Filzah Lina, Mohd Safeiee
Format: Conference or Workshop Item
Language:English
Published: Springer 2019
Subjects:
TS Manufactures
Online Access:http://umpir.ump.edu.my/id/eprint/26238/
http://umpir.ump.edu.my/id/eprint/26238/
http://umpir.ump.edu.my/id/eprint/26238/1/A%20Comparative%20Study%20of%20Product%20Costing%20by%20Using%20Activity-Based%20Costing1.pdf
id ump-26238
recordtype eprints
spelling ump-262382020-02-05T04:19:04Z http://umpir.ump.edu.my/id/eprint/26238/ A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method Nurul Farahin, Zamrud Mohd Yazid, Abu Nik Nurharyantie, Nik Mohd Kamil Filzah Lina, Mohd Safeiee TS Manufactures This research study revolves around a case study company, which manufactures electric and electronics products. The objective of this work is to compare Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDBAC). This work began by collecting data related to the production costs of a selected product. The product has been selected based on the volume of production which is high and continuous. The next phase in this study involved analyzing costs using ABC and TDABC method. These costing methods are compared on the accuracy and the unused capacity. The results showed that TDABC improves the costing accuracy and helps reducing waste by introducing time equation on the production cost structure. Finally, it is concluded that from this comparative study, TDABC would be beneficial to the company in a competitive environment and future further studies on product costing. Springer 2019 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/26238/1/A%20Comparative%20Study%20of%20Product%20Costing%20by%20Using%20Activity-Based%20Costing1.pdf Nurul Farahin, Zamrud and Mohd Yazid, Abu and Nik Nurharyantie, Nik Mohd Kamil and Filzah Lina, Mohd Safeiee (2019) A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method. In: iMEC-APCOMS 2019: Proceedings of the 4th International Manufacturing Engineering Conference and The 5th Asia Pacific Conference on Manufacturing Systems, 21-22 August 2019 , Putrajaya, Malaysia. pp. 171-178.. ISBN 978-981-15-0950-6 https://doi.org/10.1007/978-981-15-0950-6_27
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Pahang
building UMP Institutional Repository
collection Online Access
language English
topic TS Manufactures
spellingShingle TS Manufactures
Nurul Farahin, Zamrud
Mohd Yazid, Abu
Nik Nurharyantie, Nik Mohd Kamil
Filzah Lina, Mohd Safeiee
A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method
description This research study revolves around a case study company, which manufactures electric and electronics products. The objective of this work is to compare Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDBAC). This work began by collecting data related to the production costs of a selected product. The product has been selected based on the volume of production which is high and continuous. The next phase in this study involved analyzing costs using ABC and TDABC method. These costing methods are compared on the accuracy and the unused capacity. The results showed that TDABC improves the costing accuracy and helps reducing waste by introducing time equation on the production cost structure. Finally, it is concluded that from this comparative study, TDABC would be beneficial to the company in a competitive environment and future further studies on product costing.
format Conference or Workshop Item
author Nurul Farahin, Zamrud
Mohd Yazid, Abu
Nik Nurharyantie, Nik Mohd Kamil
Filzah Lina, Mohd Safeiee
author_facet Nurul Farahin, Zamrud
Mohd Yazid, Abu
Nik Nurharyantie, Nik Mohd Kamil
Filzah Lina, Mohd Safeiee
author_sort Nurul Farahin, Zamrud
title A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method
title_short A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method
title_full A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method
title_fullStr A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method
title_full_unstemmed A Comparative Study of Product Costing by Using Activity-Based Costing (ABC) and Time-Driven Activity-Based Costing (TDABC) Method
title_sort comparative study of product costing by using activity-based costing (abc) and time-driven activity-based costing (tdabc) method
publisher Springer
publishDate 2019
url http://umpir.ump.edu.my/id/eprint/26238/
http://umpir.ump.edu.my/id/eprint/26238/
http://umpir.ump.edu.my/id/eprint/26238/1/A%20Comparative%20Study%20of%20Product%20Costing%20by%20Using%20Activity-Based%20Costing1.pdf
first_indexed 2023-09-18T22:40:44Z
last_indexed 2023-09-18T22:40:44Z
_version_ 1777416897641316352

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