An application in a manufacturing company of activity based costing and time driven activity based costing

Depending on the developments experienced in recent years, significant changes have occurred in the production structures of the enterprises. These changes have caused the traditional costing methods used by today's businesses to be insufficient to provide effective and accurate cost information. In order to eliminate the inadequacies of traditional methods, new methods called modern costing methods have been developed and started to be applied. From this point of view, in this study, it is aimed to calculate the product costs of a manufacturing company according to both the traditional method, Activity Based Costing (ABC) and Time Driven Activity Based Costing (TDABC) methods. The information needed in the study was obtained as a result of interviews with managers, accountants, factory supervisors and foremen of a flour production business operating in Rize and observations made in the business. In line with this information, the costs calculated according to three different methods have been compared and it has been determined that modern costing methods provide more realistic cost information than traditional methods, and suggestions have been made to all production enterprises in the flour factory.