Attention in this work is directed to estimate the manufacturing costs by using Activity-Based Costing (ABC) method for the castings that are produced by steel foundry. ABC is a cost accounting method that can overcome many of the limitations of Traditional Cost Accounting (TCA) methods. Cost rates for each department in the foundry are estimated by engineering procedures. Consequently, costest...

Activity-based costing (ABC) and Theory of Constraints (TOC) are popular managerial tools for evaluating product mix decisions. A challenging aspect of the product mix problem involves evaluating joint products. These products involve complex interactions among resources and products and sequential decisions concerning producing joint products and their further processing. ABC and TOC assume th...

Activity-based costing (ABC) tries to assign overhead costs to cost objects more accurately than traditional cost systems. However, due to its severe separability and proportionality assumptions using ABC for decision-making may lead to a considerable economic loss. To evaluate products on the basis of their activity-based costs, we therefore use a data envelopment analysis (DEA)-like approach ...

This paper presents a method of integrating activity-based costing (ABC) and process simulation in human planning. Our studies have already proposed a method of integrating ABC and process simulation in business process reengineering (BPR) and showed a case study of a chemical plant. Some studies have also already showed some examples of various aspects in manufacturing systems. Although a larg...

This study examines the factors that influence application of activity-based costing (ABC) method in construction projects. research adopts a quantitative approach by developing case model. The tested model on sample 24 hydromechanical and gate works, weirs, irrigation networks, river protection, dams ponds, coastal swamp infrastructure, groundwater raw water infrastructure. Primary data collec...

HE objective of this study is to investigate the effectiveness of an Activity Based Costing (ABC) model in predicting aggregate budgeted cost for the utilities department in a local government. In the past few years, there has been a pressure on the city officials to reduce the costs. This is forcing cities to re-examine their current allocation of resources to various activities. We examine th...

Purpose – The purpose of this paper is to set out a methodological framework to investigate how the integration of an activity-based costing (ABC) logic into the pre-existent accounting system supports healthcare organizations in identifying the inefficiencies related to their diagnostic therapeutic pathways (DTP) and related reengineering interventions. Design/methodology/approach – The BPM-AB...