Revolutionizing Cost Reduction: Integrated Management Accounting Unveils Strategic Control
The article discusses how management accounting can improve cost analysis by integrating activity-based costing and cost design with contribution margin. It explores the benefits and drawbacks of these methods and traces the evolution of management accounting. The researchers propose an integrated cost accounting system that connects cost design and ABC with contribution margin, aiding in cost reduction analysis for better strategy control in organizations. Key points include cost reduction, management accounting, contribution margin, cost allocation, and feed forward control.