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TDABC, A Practical Solution to Calculating the Cost of Revenue for MSMEs in the Convection Service Sector: A Case Study on MSME “XYZ” in Indonesia

Journal: THE INTERNATIONAL JOURNAL OF BUSINESS MANAGEMENT AND TECHNOLOGY (Vol.6, No. 1)

Publication Date:

Authors : ;

Page : 16-260

Keywords : convection; costing; tailor; TDABC; time-driven activity based costing;

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Abstract

Micro, Small and Medium Enterprises (MSMEs) play an important role in supporting Indonesia's economic growth. One of the success factors for SMEs is the accurate calculation of the cost of product. This study aimed to apply the Time-Driven Activity Based Costing (TDABC) method in calculating the cost of convection products of "XYZ", a smallmedium enterprise (SME) located on Jl. Raya Ragunan, Pasar Minggu, South Jakarta, Indonesia. The data obtained and processed were the data for one year, which included data on sales, costs, number of employees, operating hours and various activities required to support the production and sales activities. The results showed that TDABC could be applied to MSME "XYZ", could accurately and comprehensively calculate the cost of revenue of each type of product (cost to make and sell). The application of TDABC also allowed MSME "XYZ" to gain insights into the effectiveness of the working time of its employees.

Last modified: 2023-02-01 15:56:47