The Importance of Throughput-Based Costing Estimation

What is it about?

Within goal 12 of Sustainable Development "Responsible consumption and production" the objective of this work is determining the competitiveness based on a SWOT analysis for the purpose of efficiently using the available resources through throughput-based costing to manage the costs of the Iraqi cement industry companies as an alternative to the traditional total cost method used in it, which does not provide the information required to make the right decisions. The research used the applied case study method based on production and costs data for the year 2018 of Karbala cement plant as it is a modern plant and seeks to achieve efficiency and effectiveness in the use of its resources. The main findings of the research were the adopting the Throughput-Based Costing method provide production requirements and product planning and design and compare them with competing products to reach the strategy of exploiting competitive capacity at the lowest cost. Keywords. Throughput Accounting, Competitive Capability, Cost Management, SWOT analysis, Cement industry.

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