TRADITIONAL COSTING AND ACTIVITY BASED COSTING IN PORT BUSINESSES: AN APPLICATION
Journal Title: Denizcilik Fakültesi Dergisi - Year 2016, Vol 8, Issue 0
Abstract
of globalization in today's world. These changes confront businesses with the obligation of using more realistic calculation of the operating cost of the goods or services produced. Due to the inability of traditional costing methods in satisfying the needs of businesses, enterprises have begun to seek for new goods and/or service cost calculation methods. Activity Based Costing (ABC) system has come out as a result of these searches. In this study, the port costing business which has an important role on service businesses has been reviewed and port operating costs have been compared in terms of traditional and ABC system. As a result of the comparison, it has been curtained that unit cost calculated by ABC is different from those which were calculated according to the traditional cost methods. The purpose of this study is to put out the feasibility of the ABC on operating a port and to reveal how to provide more reliable and accurate ways to obtain business costing information by analysing the differences from traditional cost methods. As a result, it has been seen in this study that thanks to ABC system, port business provides to obtain more realistic costs during service process by using multiple distribution keys and provides reduced costs by eliminating unnecessary steps in the process.
Authors and Affiliations
Resat Karcıoglu
Keywords
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- EP ID EP300217
- DOI 10.18613/deudfd.43801
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