Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing
In current practice of costing method in palm oil plantation, the method does not implement time equation so processing time determined by company is not in accordance with actual processing time in work station. Then, the present implementation in academic library do not illustrate the correlation...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2022
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| Subjects: | |
| Online Access: | http://umpir.ump.edu.my/id/eprint/34846/7/Development%20A%20New%20Costing%20Structure.pdf |
| _version_ | 1825824112340107264 |
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| author | Sri Nur Areena, Mohd Zaini Mohd Yazid, Abu |
| author_facet | Sri Nur Areena, Mohd Zaini Mohd Yazid, Abu |
| author_sort | Sri Nur Areena, Mohd Zaini |
| collection | UMP |
| description | In current practice of costing method in palm oil plantation, the method does not implement time equation so processing time determined by company is not in accordance with actual processing time in work station. Then, the present implementation in academic library do not illustrate the correlation between supplied resources and practical capacity. It is to develop capacity cost rate in order to interpret it in form of unused capacity. The purpose of this study is to build a new costing structure in product and service operation using time driven activity-based costing (TDABC). For product operation, this work carried on at a palm oil plantation in Prosper Palm Oil Mill Sdn. Bhd., Pahang. For service operation, data collection of academic library is taken in Universiti Malaysia Pahang. Eventually, in product operation, the total used time in all three activity centers of palm oil plantation are 3,220,928.04 minutes for mature area and 2,390,513.94 minutes for immature area. On the other hand, in service operation, the unused capacity is RM40,960.02 and RM144,202.51 in local and oversea material respectively. In terms of unused capacity, there are no significant differences when applying TDABC in product and service operation. Whereas, regarding of process dependency, activities in product operation are dependent to one another. |
| first_indexed | 2024-03-06T12:59:12Z |
| format | Article |
| id | UMPir34846 |
| institution | Universiti Malaysia Pahang |
| language | English |
| last_indexed | 2024-03-06T12:59:12Z |
| publishDate | 2022 |
| publisher | Universiti Utara Malaysia |
| record_format | dspace |
| spelling | UMPir348462022-08-11T04:18:04Z http://umpir.ump.edu.my/id/eprint/34846/ Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing Sri Nur Areena, Mohd Zaini Mohd Yazid, Abu TS Manufactures In current practice of costing method in palm oil plantation, the method does not implement time equation so processing time determined by company is not in accordance with actual processing time in work station. Then, the present implementation in academic library do not illustrate the correlation between supplied resources and practical capacity. It is to develop capacity cost rate in order to interpret it in form of unused capacity. The purpose of this study is to build a new costing structure in product and service operation using time driven activity-based costing (TDABC). For product operation, this work carried on at a palm oil plantation in Prosper Palm Oil Mill Sdn. Bhd., Pahang. For service operation, data collection of academic library is taken in Universiti Malaysia Pahang. Eventually, in product operation, the total used time in all three activity centers of palm oil plantation are 3,220,928.04 minutes for mature area and 2,390,513.94 minutes for immature area. On the other hand, in service operation, the unused capacity is RM40,960.02 and RM144,202.51 in local and oversea material respectively. In terms of unused capacity, there are no significant differences when applying TDABC in product and service operation. Whereas, regarding of process dependency, activities in product operation are dependent to one another. Universiti Utara Malaysia 2022 Article PeerReviewed pdf en cc_by_4 http://umpir.ump.edu.my/id/eprint/34846/7/Development%20A%20New%20Costing%20Structure.pdf Sri Nur Areena, Mohd Zaini and Mohd Yazid, Abu (2022) Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing. Journal of Technology and Operations Management, 17 (1). pp. 11-26. ISSN 2590-4175 (Online). (Published) https://doi.org/10.32890/jtom2022.17.1.2 |
| spellingShingle | TS Manufactures Sri Nur Areena, Mohd Zaini Mohd Yazid, Abu Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing |
| title | Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing |
| title_full | Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing |
| title_fullStr | Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing |
| title_full_unstemmed | Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing |
| title_short | Development A New Costing Structure In Product And Service Operation Using Time Driven Activity based Costing |
| title_sort | development a new costing structure in product and service operation using time driven activity based costing |
| topic | TS Manufactures |
| url | http://umpir.ump.edu.my/id/eprint/34846/7/Development%20A%20New%20Costing%20Structure.pdf |
| work_keys_str_mv | AT srinurareenamohdzaini developmentanewcostingstructureinproductandserviceoperationusingtimedrivenactivitybasedcosting AT mohdyazidabu developmentanewcostingstructureinproductandserviceoperationusingtimedrivenactivitybasedcosting |