The Study on Guideline for Cost Reduction Using Activity Based Costing System of PST Concrete Company

Chollada Love (chollada_c@hotmail.com)
Additional contact information
Chollada Love: Maejo University

No 1003104, Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences

Abstract: The objective of this research was to study the Guideline for Cost Reduction Using Activity Based Costing for PST Concrete Company Limited. Data was collected from the corporate database such as the structure, job description, quality manual and interviews of executives and workers as well as the observation of employees? performance. This research found that the PST Concrete Company Limited has 124 activities. In conclusion, the company has 108 value-added activities and 16 nonvalue-added activities. This research had been worked on activity cost calculation and cost per driver calculation of accounting and finance division. Out of all costs of accounting and finance division 292,878.55 baht, 54,334.81 baht is the cost of nonvalue-added activities, equally 18.55 %. The accounting and financial division has 2 nonvalue-added activities : The cost per time of follow-up problematic debitor is 1,252.33 baht and the cost per time of connection government units is 1,750.55 baht.

Keywords: activity based costing; value-added activities; nonvalue-added activities; cost per driver calculation (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Pages: 5 pages
Date: 2015-05
New Economics Papers: this item is included in nep-acc
References: View complete reference list from CitEc
Citations:

Published in Proceedings of the Proceedings of the 15th International Academic Conference, Rome, May 2015, pages 703-707

Downloads: (external link)
https://iises.net/proceedings/international-academ ... =10&iid=116&rid=3104 First version, 2015

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:sek:iacpro:1003104

Access Statistics for this paper

More papers in Proceedings of International Academic Conferences from International Institute of Social and Economic Sciences
Bibliographic data for series maintained by Klara Cermakova (iises@iises.net).