Cost accounting

The Cost Accounting is the first of three levels of cost and management accounting. As part of the cost type accounting the cost of expenses and benefits of the proceeds have accrued and the costs incurred and services are recorded and organized a billing period.

Outline the types of costs

By type of consumed production factors

These factors are also called operational costs.

  • Personnel costs ( wages, salaries, expenses for severance and pension, social security expenses etc. )
  • Material costs (raw materials, auxiliaries, intermediates, etc.)
  • Cost of services ( including public duties, transportation, energy, consulting, insurance, etc.)
  • Cost of capital ( interest, dividends)
  • Occupancy costs (rent, lease, cleaning)
  • Imputed costs ( kalk. depreciation, interest lime. , lime. ventures etc. )

After operational functions

  • Procurement costs / material costs
  • Production costs
  • Distribution costs ( cost distribution sheet )
  • Administrative costs ( cost center accounting)
  • Control costs

By type of cost accounting

  • Same expense costs ( pagatorische costs)
  • Imputed expenses ( for the purposes of cost accounting determined )

After the origin of the costs of goods

  • Primary costs ( primary or simple cost ) the cost of production factors, which does not produce a company itself but by procurement markets relates. (eg, labor costs, cost of office supplies )
  • Secondary costs ( monetary equivalent of the excessive consumption of in-house services, for example, self-produced electricity, heat created, created repairs). Only primary costs are included in the cost type accounting regularly, whereas secondary costs due to their cost centers relatedness and re- usability, whether in the form of internal activity allocation or whether in the form of levies, are regularly taken into account only in the cost center accounting.

After the accountability

  • Direct costs

Costs ( including direct costs or cost object costs) can be directly attributable to individual operating performance (eg wood for furniture making).

  • Overheads

Overheads ( indirect costs or cost carrier overheads) are the individual payers only indirectly attributable, in that they are distributed in the cost center accounting on key sizes to cost centers (eg salaries of business and management, fire insurance for the production building). We distinguish between genuine and non-genuine overheads:

  • Real overhead costs can be distributed only through key sizes
  • Although spurious overheads are actually direct costs and could be attributed to the individual payers directly, such as overheads for reasons of technical accounting simplification but managed

Direct costs are: Material                       manufacturing wages                       Special direct costs of production                       Special direct costs of sales According to the behavior for employment fluctuations

  • Variable costs
  • Fixed costs
Operating cost
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