Analysis of Enterprise Development from the Perspective of the Cost

DOI

10.2991/aebmr.k.220603.053How to use a DOI?

Keywords

Cost management; Life cycle costing; Variable cost method; The development of enterprises

Abstract

The continuous expansion of output value of production enterprises makes the competition between industries more and more fierce. In order to further improve economic benefits and achieve stable and healthy development of enterprises, cost management becomes the focus of enterprise management. Although cost management contains many methods such as activity-based costing, target costing, etc., life cycle costing and variable cost method are two cost management methods commonly used by enterprises. Through the review of the enterprise cost management discipline and relevant literature, this paper mainly explores four aspects: the role of cost management in enterprises; theory explanations of life cycle costing and variable cost method; the application of these two methods in specific enterprises; the deficiencies and relevant suggestions in the application of these two methods. The paper finds that although life cycle cost method and variable cost method have some defects, they have achieved good results in the cost management of enterprises, helping enterprises to improve economic benefits and achieve future development.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Yuchen Yang
PY  - 2022
DA  - 2022/07/01
TI  - Analysis of Enterprise Development from the Perspective of the Cost
BT  - Proceedings of the 2022 2nd International Conference on Enterprise Management and Economic Development (ICEMED 2022)
PB  - Atlantis Press
SP  - 323
EP  - 327
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220603.053
DO  - 10.2991/aebmr.k.220603.053
ID  - Yang2022
ER  -