Actual cost accounting

Definition of actual cost accounting

Actual cost accounting is a traditional cost accounting system in which the total costs determined are distributed among the cost objects. Your goal is to find the allotted to the individual product units Actual costs to be determined as part of the post-calculation. The basic idea is to use actual values of the costs as far as possible, but this is not possible in pure form.

Actual cost accounting method

The basic form of actual cost accounting, in which the costs are allocated to the cost centers and cost units without any corrections and without eliminating random fluctuations. It follows the principle of cost accounting and cost pass-on. Its disadvantages are to be seen in the fact that it does not enable effective cost control and cost analysis, all the respective actual prices are difficult to calculate and the internal cost allocation is a problem that can hardly be solved.

Actual cost accounting with (fixed) transfer prices

Actual cost accounting with (fixed) transfer prices, in which the purchased cost goods are stated with their average values, which result from the previous periods. The quantity structure of the actual costs remains in its actual form, but the price structure has the character of target costs. This makes the costs of different periods comparable, which enables improved cost control.

Actual cost accounting with plan values

Actual cost accounting with plan values, in which transfer prices are also used, but the direct costs are planned. She moves in the direction of the Standard cost accounting and budgeting, to which the boundaries cannot be clearly drawn. With it, price fluctuations are eliminated, period comparisons are possible and target / actual comparisons can be carried out.

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