The effect of applying the four stage activity based costing system in achieving cost management: Applied study

Alaa Muhammad Obaid Al-Zubaidi; Haider Muhammad Radi

doi:10.53730/ijhs.v6nS4.10932

Authors

Alaa Muhammad Obaid Al-Zubaidi
c.r_rm@yahoo.com
Assistant Professor DR, Al-mustansiriya university, College of Business and Economics, baghdad, Iraq
Haider Muhammad Radi Student, Al-mustansiriya university, College of Business and Economics, Iraq, Baghdad

Keywords:

employing value, engineering, costing

Abstract

The current study focuses on the development of activity-based cost technology after it was in two stages to expand and become more practical and in four stages, where multiple vectors are used to link the cost from the highest level in the economic unit to the lowest level, thus contributing to obtaining detailed cost information at each stage Which leads to understanding and analyzing activities and allocating costs more accurately by tracking the cost across departments, functions and activities to reach the final cost goal, and the information that can be obtained about the cost of the product if the cost is applied on the basis of the four-stage activity can be more reliable and relevant It is important to make various administrative decisions that are commensurate with the modern business environment that requires accurate and detailed information that contributes to achieving competitive positions for the economic unit, in addition to contributing to providing information in the areas of cost and administrative accounting that shows the best methods and means that help economic units to achieve their objectives in cost management and achieving competitive advantages.

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