Abc method – guarantor of real costs in the mining extractive industry entities

Man, Mariana and Boca (Rakos), Ileana Sorina and Căpuşneanu, Sorinel/I (2012): Abc method – guarantor of real costs in the mining extractive industry entities. Published in: Recent Researches in Business and Economics, Business and Economics Series No. 1 (3 July 2012): pp. 107-112.

Abstract

The article aims to emphasize the importance of the ABC method in the provision of real production costs within mining extractive industry entities in Romania. Starting from the progress of investigations undertaken in the specialty literature regarding the adaptation and implementation of the ABC method to the specifics of the entities in the mining and quarrying industry to the achievements made so far by various specialists, the authors of this article demonstrate the successful implementation of the ABC method in mining entities in Romania and the determination of the real costs. The documentation which was the basis of the study and comparison between applicative traditional method used and the ABC method applied is likely to prove the viability of the organization of the managerial accounting of mining extractive industry entities in Romania in order to increase their performances. The article ends with the conclusions of the authors concerning the enlargement of the successful implementation of the ABC method in mining extractive industry entities in Romania.

• Item Type: MPRA Paper
• Language: English
• Keywords: Activity-Based Costing; production cost; performances; mining industry; charcoal
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M41 - Accounting

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