Solving of the Product Costing Problems in Wood-Using and Furniture Industry
Article seeks the answer to the question: "How to eliminate the inaccurate product cost quantification, in the wood-using and furniture industry". The complexity and structure of the operations and overhead activities, which these industries need to perform, is growing quickly, according to globalization of the natural resources and retail markets. The traditionally used tools for product costing are insufficiently accurate for the pricing and provide the lack of information about company performance and effectiveness of its activities. The problems and possible risks connected with absence of useful management and accounting information system are described in this article and the solution of these problems, with application of sophisticated costing system, is presented. In last part of article, it is the specifics of the Activity-Based Costing systems in wood-using industry described (original abstract)
- Cokins G.: Activity-Based Cost Management: An Executive's Guide. John Wiley and Sons 2001.
- Drury C.: Management and Cost Accounting. Fifth Edition, Thomson Learning 200x.
- Popesko B.: Building of the Activity-Based Cost Management in practice. Conference AMIS 2007. Bucharest 2007.
- Staněk V.: Zvyšování efektivnosti procesním řízením nákladů, Grada Publishing a.s. 2003, 236 s.