Accounting system for absorption costing

Details Accounting system for absorption costing Accounting system for absorption costing

2007-11-27

2007-11-27

Zeender, Florian R. (Department: 3627)

Data processing: financial, business practice, management, or co

Automated electrical financial or business practice or...

Accounting

C705S03600T, C705S038000

Reexamination Certificate

active

10335813

ABSTRACT:
An accounting system for an income statement under absorption costing (full costing), with a means for identifying the break even point in a break-even chart, using a 45-degree line, defining η=the net carryover manufacturing overhead applied in inventories, treating η as an additive constant to the other constants in a conventional break-even chart and identifying the break-even point as the intersection between the variable cost line added on the constant line and the 45-degree line. The system further includes a means for identifying the individual break-even point for each individual income statement of manufacturing management accounting departments in the company aiming at the managed gross profit chart previously originated by the applicant; for disclosing the break-even charts for concerned company personnel over a computer information network; and for advisors' advising system to send said break even charts over the information network to company clients.

REFERENCES:
patent: 5249120 (1993-09-01), Foley
patent: 7177834 (2007-02-01), Maestle
patent: 08329170 (1996-12-01), None
patent: 09-305677 (1997-11-01), None
A.W. Patrick, Some Observations On The Break-Even Chart The Accounting Review, pp. 573-580.
R.I. Brummet, Overhead Costing, The Costing Of Manufactured Products, 1957.
O. Kubota, Direct Standard Costing Chikurashobou, pp. 145-156, 1965.
David Solomons, Breakeven Analysis Under Absorption Costing The Accounting Review, Jul. 1968, pp. 447-452.

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