Project Title : Product Cost Accounting
By : Kamonphan Ketmanee, Mr.Ittisak Rattanakijyon
Advisor : Mr.Ittisak Rattanakijyon
Degree : Bachelor of Business Administration
Major : Accounting
Faculty : Business Administration
Semester / Academic year : 3 /2015
Abstract
Sense Beauty Cosmetic (Thailand) Company Limited is a company that produces and distributes the product of herbal goods by selecting the raw material of herb from nature and produce with standard to get the hair treatment and smooth skin like real aroma therapy. Also, the company has cooperated with the research and development institute of cosmetic science, Thai traditional medicine, and skin expert pharmacy.
From the operation following the co-operative education of Siam University at Sense Beauty Cosmetic (Thailand) Company Limited makes the researchers know the importance of cost accounting, so we studied it and presented as the co-operative project under the topic of “Product Cost Accounting”. The contents consist of the component of cost accounting such as raw material, labor, production cost, calculation method of production cost, accounting record of production cost and doing financial statement, including proposing the solution to solve the problem of cost management, the appropriate selection of cost calculation for the highest efficiency etc.
The researchers obtain the work experience and know the importance of cost accounting from this operation, and we hope to bring this knowledge to use in accounting professions file and hope this information can be used for further study for the interested people.
Keywords: Product Cost, Accounting Professions.
Product Cost Accounting
Faculty of Business Administration, Siam University, Thailand