Manufacturing decision-making based on product costing and management accounting information – a critical review
(English)Manuscript (preprint) (Other academic)
This paper reviews the literature on management accounting and product costing and its relationship to manufacturing decision-making. Today, there exists a multitude of approaches, such as activity-based costing, lean accounting, and throughput accounting besides more traditional accounting and costing approaches. We review a total of 86 articles from 45 refereed journals that deal with product costing, management accounting, and manufacturing decision-making. A literature classification scheme is suggested. We classify the subject matter into factors to consider, single approach, and comparisons between approaches. We also classify the methodology in terms of case study research, survey research, mathematical modeling or simulation, and others (conceptual modeling or numerical examples). Based on this we propose a conceptual model for the relationships among contextual factors, the choice and design of approaches and performance. Furthermore, we identify some research issues for further studies.
Activity-based costing, lean accounting, manufacturing accounting, operations management, production.
IdentifiersURN: urn:nbn:se:liu:diva-87694OAI: oai:DiVA.org:liu-87694DiVA: diva2:599713
A earlier version of this paper was presented at the 6th EIASM Conference in Performance Measurement and Management Control, 7-9 September, 2011, Nice, France2013-01-222013-01-222013-01-22