Accession Number : ADA187989

Title :   An Analysis of the Cost Accounting System for the Depot Maintenance Service, Air Force Industrial Fund.

Descriptive Note : Master's thesis,

Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS

Personal Author(s) : Wells, Gordon L

PDF Url : ADA187989

Report Date : Sep 1987

Pagination or Media Count : 70

Abstract : The purpose of this study was to analyze the Air Force Logistic Command Depot Maintenance cost accounting systems from the viewpoint of information provided to managers. The three basic objectives of the study were: 1) Determine how the costing system treated material, labor, and overhead expenses; 2) Identify the cost information the managers had available to aid their decision process; and 3) Identify changes to the cost accounting systems from three perspectives: the Department of Defense cost requirements, the theoretical cost systems, and the managers viewpoint. The current cost systems was analyzed from each of the these perspectives. Recommendations are provided to improve the current cost systems. The study recommends that the following areas of improvement will provide information which will aid the manager in the decision making process: 1) Improve the timeliness of providing information. 2) Develop an actual hour accounting system; 3) Improve the accuracy of direct material charges; 4) Provide management with rework costs; 5) Provide detailed information on equipment repair and maintenance costs; and 6) Use a standard cost system.

Descriptors :   *ACCOUNTING, *COST ANALYSIS, ACCURACY, AIR FORCE, COSTS, DECISION MAKING, DEPARTMENT OF DEFENSE, MAINTENANCE, MILITARY REQUIREMENTS, REPAIR, SUPPLY DEPOTS, TIMELINESS, MAINTENANCE MANAGEMENT, MANAGEMENT INFORMATION SYSTEMS

Subject Categories : Economics and Cost Analysis

Distribution Statement : APPROVED FOR PUBLIC RELEASE