13. Activity Based Costing – an Alternative for the Agricultural Company Accountancy

Author: Elena Georgieva

DOI: 10.22620/agrisci.2011.05.013


Calculation is an accountancy method that gives an opportunity for estimating the prime cost of the products produced in the company. The development of the economic science has led to the elaboration of new methods for economic and financial analysis in the companies that present their activity in various aspects. Agricultural production has its own specificity that requires an adaptation of the achievements in the economic science to the characteristics of the branch. Activity based costing is an alternative method. It is based on the opportunity the costs to be defined according to activities and only the indirect costs to be allocated according to separate activities. The aim of the investigation is to present the new aspects of applying the method based on the specificity of agricultural production.