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Application of activity-based costing and time-driven activity-based costing for kitchen cabinet

Kitchen cabinets started to have a big historical impact on Malaysia with the advent of freestanding cabinets in western and colonial furniture in the 19th century. The drawback with traditional costing methods is that they fail to offer enough information about elements that are crucial to customer...

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Main Authors: Intan Noralisya, Mohd Yusoff, Mohd Yazid, Abu, Sri Nur Areena, Mohd Zaini
Format: Conference or Workshop Item
Language:English
English
English
Published: Springer Nature Singapore Pte Ltd 2024
Subjects:
T Technology (General)
TS Manufactures
Online Access:http://umpir.ump.edu.my/id/eprint/40737/1/manuscript.pdf
http://umpir.ump.edu.my/id/eprint/40737/2/publication5-RDU220108.pdf
http://umpir.ump.edu.my/id/eprint/40737/13/Application%20of%20activity-based%20costing_ABST.pdf
http://umpir.ump.edu.my/id/eprint/40737/
https://doi.org/10.1007/978-981-99-9848-7_9
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spelling my.ump.umpir.407372024-03-25T01:28:41Z http://umpir.ump.edu.my/id/eprint/40737/ Application of activity-based costing and time-driven activity-based costing for kitchen cabinet Intan Noralisya, Mohd Yusoff Mohd Yazid, Abu Sri Nur Areena, Mohd Zaini T Technology (General) TS Manufactures Kitchen cabinets started to have a big historical impact on Malaysia with the advent of freestanding cabinets in western and colonial furniture in the 19th century. The drawback with traditional costing methods is that they fail to offer enough information about elements that are crucial to customers, such quality and service. Activity-based costing (ABC) was created to address traditional costing's limitations in complex product environments. However, it is not universally accepted as it overlooks unused capacity for forecasting. This work compares ABC and time-driven activity-based costing (TDABC) to assess cost sustainability in kitchen cabinet manufacturing. Data from a Johor-based furniture manufacturer was collected. The work successfully compares both methodologies, considering various factors. It concludes that both have strengths based on industry needs, but proving TDABC’s efficiency is essential as it is simpler, cheaper, and more powerful than ABC. Nonetheless, neither ABC nor TDABC is well-suited for kitchen cabinets manufacturing. The process of building kitchen cabinets involves inherent complexity, such as variations in measurements, material availability, and design specifications. Based on the given factors, such as higher uncertainties, biases in assumptions and inaccurate data collection, it will draw limitations in obtaining accurate and reliable data for ABC and TDABC. Springer Nature Singapore Pte Ltd 2024-03 Conference or Workshop Item PeerReviewed pdf en http://umpir.ump.edu.my/id/eprint/40737/1/manuscript.pdf pdf en http://umpir.ump.edu.my/id/eprint/40737/2/publication5-RDU220108.pdf pdf en http://umpir.ump.edu.my/id/eprint/40737/13/Application%20of%20activity-based%20costing_ABST.pdf Intan Noralisya, Mohd Yusoff and Mohd Yazid, Abu and Sri Nur Areena, Mohd Zaini (2024) Application of activity-based costing and time-driven activity-based costing for kitchen cabinet. In: Springer Proceedings in Materials. Innovative Manufacturing, Mechatronics & Materials Forum, iM3F 2023 , 7 - 8 August 2023 , Pekan, Malaysia. pp. 91-101., 40. ISBN 978-981-99-9848-7 https://doi.org/10.1007/978-981-99-9848-7_9
institution Universiti Malaysia Pahang Al-Sultan Abdullah
building UMPSA Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Pahang Al-Sultan Abdullah
content_source UMPSA Institutional Repository
url_provider http://umpir.ump.edu.my/
language English
English
English
topic T Technology (General)
TS Manufactures
spellingShingle T Technology (General)
TS Manufactures
Intan Noralisya, Mohd Yusoff
Mohd Yazid, Abu
Sri Nur Areena, Mohd Zaini
Application of activity-based costing and time-driven activity-based costing for kitchen cabinet
description Kitchen cabinets started to have a big historical impact on Malaysia with the advent of freestanding cabinets in western and colonial furniture in the 19th century. The drawback with traditional costing methods is that they fail to offer enough information about elements that are crucial to customers, such quality and service. Activity-based costing (ABC) was created to address traditional costing's limitations in complex product environments. However, it is not universally accepted as it overlooks unused capacity for forecasting. This work compares ABC and time-driven activity-based costing (TDABC) to assess cost sustainability in kitchen cabinet manufacturing. Data from a Johor-based furniture manufacturer was collected. The work successfully compares both methodologies, considering various factors. It concludes that both have strengths based on industry needs, but proving TDABC’s efficiency is essential as it is simpler, cheaper, and more powerful than ABC. Nonetheless, neither ABC nor TDABC is well-suited for kitchen cabinets manufacturing. The process of building kitchen cabinets involves inherent complexity, such as variations in measurements, material availability, and design specifications. Based on the given factors, such as higher uncertainties, biases in assumptions and inaccurate data collection, it will draw limitations in obtaining accurate and reliable data for ABC and TDABC.
format Conference or Workshop Item
author Intan Noralisya, Mohd Yusoff
Mohd Yazid, Abu
Sri Nur Areena, Mohd Zaini
author_facet Intan Noralisya, Mohd Yusoff
Mohd Yazid, Abu
Sri Nur Areena, Mohd Zaini
author_sort Intan Noralisya, Mohd Yusoff
title Application of activity-based costing and time-driven activity-based costing for kitchen cabinet
title_short Application of activity-based costing and time-driven activity-based costing for kitchen cabinet
title_full Application of activity-based costing and time-driven activity-based costing for kitchen cabinet
title_fullStr Application of activity-based costing and time-driven activity-based costing for kitchen cabinet
title_full_unstemmed Application of activity-based costing and time-driven activity-based costing for kitchen cabinet
title_sort application of activity-based costing and time-driven activity-based costing for kitchen cabinet
publisher Springer Nature Singapore Pte Ltd
publishDate 2024
url http://umpir.ump.edu.my/id/eprint/40737/1/manuscript.pdf
http://umpir.ump.edu.my/id/eprint/40737/2/publication5-RDU220108.pdf
http://umpir.ump.edu.my/id/eprint/40737/13/Application%20of%20activity-based%20costing_ABST.pdf
http://umpir.ump.edu.my/id/eprint/40737/
https://doi.org/10.1007/978-981-99-9848-7_9
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score 13.235362

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