A case study on cost assignment

• Main Authors: Ee, Yeow Meng, Sim, Evelyn Chu Lin, Tan, Mei Chin
• Other Authors: Chan Sow Lin
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Business
• Online Access: http://hdl.handle.net/10356/61833
• Institution: Nanyang Technological University

This project is a case study on the cost accounting system of a company manufacturing electronic products. To maintain confidentiality, this company will be referred to as Company XYZ. The aim of this case study on Company XYZ is to gain a proper understanding of.its cost assignment system and to identify any weaknesses in the system. The case study was done through company visits and conducting of interviews with the financial controller and the cost accountant of the company. Documentation of the organisation structure and the cost accounting system was done through reviews of the company's financial manuals and results of the interviews. The project also includes a literature review of the limitations of the traditional cost accounting system and the changes that are required to suit the new manufacturing environment. Findings of the case study were examined against the results of the literature review and suggestions for improvements to Company XYZ's cost assignment system were made.