COMPARISON OF THE TIME DRIVEN ACTIVITY BASED COSTING AND RESOURCE CONSUMPTION ACCOUNTING COST METHODS
Journal Title: Muhasebe ve Vergi Uygulamaları Dergisi - Year 2017, Vol 10, Issue 2
Abstract
In todays’ competitive environment accurate, reliable and timely cost information is important for making true pricing. Therefore, many cost accounting methods were developed. Time Driven Activity Based Costing (TDABC) and Resource Consumption Accounting (RCA) are the new eneration of these methods. These two cost methods were compared and costs were delivered to products by hypothetical sample, so it was tried to reveal common and different aspects of these methods in this study. Activity Based Costing (ABC) is the starting point of both of the methods. While TDABC considers time as a cost driver, RCA considers a lot of cost driver that changes according to the resource. Within the scope of hypothetical sample, it was determined that RCA is more precise in cost delivering so it provides more useful information to managers in their decisions about the cost accounting.
Authors and Affiliations
Tunç KÖSE, Şafak AĞDENİZ
Keywords
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- EP ID EP260786
- DOI 10.29067/muvu.328724
- Views 112
- Downloads 0
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