A Research Study on Cost Accounting Practices in the Furniture Sector: The Case of Antakya

Abstract

This study aims to provide contribution to furniture enterprises with suggestions generating from the present study by detemining to what extend furniture enterprises in Antakya, which have experienced transition from handmade traditional furniture production to using contemporary technology in furniture production, use methods and techniques for cost calculation and control. Data were gathered by applying questionnaire through face to face interview to the manager or owner of 66 furniture enterprises selected volitionally from furniture enterprises operating in the city Antakya. The data obtained through the questionnaire were processed by means of the SPSS program in order to prepare frequency tables and make Ki-Kare test and Crosstable (Crostabs) analysis to determine if there is a relationship between some elements herein. We revealed that approximately fifty percent of the surveyed enterprises use Standard Costing Method and fifty percent of them uses Historical Costing Method in calculating cost of units produced. We also determined that most of the surveyed enterprises make break-even point analysis in their decision making process, however most of them don’t make contribution magrin analysis and material-labour cost analysis and don’t use contemporary managerial accounting approaches herein.