Use of the activity-based costing methodology (ABC) in the cost analysis of successional agroforestry systems

Araújo, Juliana Baldan Costa Neves; Souza, Álvaro Nogueira de; Joaquim, Maísa Santos; Mattos, L. M. de; Lustosa, Ilvan Medeiros

doi:10.1007/s10457-019-00368-6

Cited by 5 publications

(3 citation statements)

References 9 publications

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“…Es importante para el análisis y la gestión de inventario determinar qué artículos representan la mayor parte del valor de este, expresando su uso en dinero y si justifican su consecuente inmovilización monetaria. Fue necesario un análisis minucioso de la mercadería que permitiera determinar la importancia real para el inventario, por lo cual se utilizó el método ABC (Araújo et al, 2020) que resulta de gran utilidad pues permite visualizar la relación uso/valor y determinar, en forma simple, qué artículos son de mayor valor. Ello permite optimizar la gestión de los recursos de inventario y permite tomar decisiones más eficientes.…”

Section: Procedimiento Inicial Para El Análisis Y Diseño Del Sistema ...unclassified

Diseño de un sistema de control de inventario de una tienda de juguetes

et al. 2022

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El objetivo de este artículo fue diseñar un sistema de control de inventario de una tienda de juguetes de la ciudad de Puyo, Ecuador. Entre noviembre de 2018 y febrero de 2019, se realizó una etapa de caracterización de la situación real de la gestión de inventario en la empresa y otra etapa de diseño del sistema de inventario. Para el análisis y diseño del sistema de gestión de inventario de la juguetería se combinaron dos procedimientos, uno no relacionado con la caracterización del sistema de inventario existente y otro relacionado con la planificación del inventario. Se encontró que en la empresa mercadería no se encuentra codificada, que no cuenta con un sistema de almacenamiento que facilite su organización y no se pudo identificar el stock del que se disponía. Además, se determinaron los parámetros de inventario como base para el diseño del sistema automatizado. A partir de una adecuada gestión de inventario, se garantizará un abastecimiento oportuno de los productos de venta y la minimización del costo total de las actividades logísticas en el control de inventario, lo que asegurará mayor rentabilidad y mejor atención al cliente.

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Section: Procedimiento Inicial Para El Análisis Y Diseño Del Sistema ...unclassified

Diseño de un sistema de control de inventario de una tienda de juguetes

et al. 2022

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“…Teniendo en consideración que el sistema ABC, como herramienta de gestión de costes, utiliza el proceso de cuantificación de sus procesos para determinar los costos unitarios de producción adecuadamente independizados los costos indirectos. Por tanto, fue fundamental el control de costos indirectos, mostrando sus costos de producción sean eficientes para la gestión y administración de empresas agroforestales para la determinación de precios competitivos del mercado (Araújo et al, 2020).…”

Section: Agroforesteríaunclassified

Activity-based costing (ABC) in SMEs and innovative initiatives: possible option or expired?

Mamani

Argota-Pérez²,

Nina

et al. 2021

Rev. Investig. Altoandin.

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The quantification of production/service costs to determine the market price is fundamental in offering the maximum value of satisfaction. Therefore, management accounting is essential. One of the alternative tools is activity-based costing, known as ABC system, an alternative method to overcome the limitations of traditional indirect cost systems, which somehow distort the actual accounting of costs. Will exploring its development, applicability, challenges and benefits still be a possible option? This study aimed at reviewing the scientific literature produced on the activity-based costing system in recent years, identifying trends of adoption and challegnes of implementation in various manufacturing and service firms. High impact journals indexed in PubMed, Web of Science (WoS), Scopus, among others, were analyzed. The results show an increase of publications on the implementation of the ABC system in PubMed (855 publications), WoS (1131) and Scopus (2535). The results show that its applicability remains a possible option as an alternative costing tool for SME managers or owners. This study concludes that the application of the ABC system is adequate to determine real costs and could guarantee more reasonable and competitive prices in the market. However, there is still resistance to its implementation due to human and technological ignorance.

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“…An enterprise willing to implement ABC should be capable of comprehending the associated operational adjustments (Sorros, 2017). The ABC system was found to be efficient for management and administration of agro and agroforestry enterprises (Araujo, 2020). Because of ongoing income pressure in agriculture, analysis of farm activity services and costs is gaining in importance.…”

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confidence: 99%

Statistical analysis of suitability of the activity based costing method in agricultural enterprises

Stašová

2020

Agric. resour. econ.

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Purpose. The paper focuses on comparing two cost calculation method describing the principle, utilisation, advantages and disadvantages of the traditional mark-up on cost pricing (overhead method) against Activity Based Costing (ABC), a new, unconventional method of cost calculation. The aim is to prove that the ABC method allocates costs differently to individual products, in a different proportion thereto, unlike the mark-up method. The ABC method is considered by us more accurate because it views differently how costs originate. Methodology / approach. Statistical data testing was carried out, using the Kolmogorov-Smirnov and Shapiro-Wilk W tests, followed by a paired t-test, and completed with the Wilcoxon signed-ranks test. The data was evaluated for eight selected products, whose overhead value was calculated from both marking-up and ABC, out of a selected set of primary agricultural enterprises in Slovakia. Finally, the results were assessed with an unproven statistically significant difference between the calculation methods found. Results. This paper emphasises a different view of costing with the ABC method which, unlike conventional methods, offers multidimensionality and variation of cost tracking based on real and relevant data. A statistically significant difference between the methods was demonstrated for three pairs of variables (out of a total eight pairs). Statistically significant differences were found for cattle, wheat and sugar beets. Although statistical testing has not shown any significant difference between the methods, ABC is still considered a more accurate costing method for allocating overhead. The argument here follows from the very principle and method of ABC allocation of overheads. Unlike traditional methods, ABC offers multidimensional and diverse cost tracking based on real and relevant data. The direct allocation of costs (using an equal budget base) to products and services does not necessarily capture actual cost flows. Because overheads are higher on farms, misleading data can be provided. Practical experience in agriculture seems to imply that the ABC method is the most cost-effective tool for cost control and encourages its further use in budgeting, planning, modelling and decision-making. Originality / scientific novelty. The paper focuses on cost calculations made in agricultural holdings, often a neglected topic in agricultural management. In particular, high overhead costs in agriculture deserve more attention. Their exact allocation to products is important. The paper also focuses on assessing the suitability of calculation methods in agricultural holdings and on pointing out the need for accurate cost allocation. Practical value / implications. The main results and ideas here can be beneficial for managing agricultural holdings. Where the proportion of overheads is higher, management may be provided with misleading data. Practical experience shows the ABC method to be currently the most cost-effective tool for controlling costs and provides opportunities for its use in budgeting, planning, modelling and decision-making on product range structure, alongside other options.

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Use of the activity-based costing methodology (ABC) in the cost analysis of successional agroforestry systems

Cited by 5 publications

References 9 publications

Diseño de un sistema de control de inventario de una tienda de juguetes

Diseño de un sistema de control de inventario de una tienda de juguetes

Activity-based costing (ABC) in SMEs and innovative initiatives: possible option or expired?

Statistical analysis of suitability of the activity based costing method in agricultural enterprises

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