摘要：目标成本法由日本制造业率先提出和试验，它是在产品设计阶段，以给定的市场价格和预期利润为基础，倒推出产品生产成本。这种成本法极大地弥补了其他标准成本法中成本和市场脱节的缺陷，从市场出发，由市场指导成本。除此以外，目标成本法所形成的成本管理体系具有系统所需要的循环结构，并将企业中的各个部门有效地联系在一起。但本文认为，目标成本法依然存在不足之处。由于传统的目标成本法没有考虑到资金成本，导致其存在系统性的缺陷，使得在一些情况下，即使产品设计成本小于目标成本，仍可能导致产品生产销售时，该项目的净现金流量为负，而在另一些情况下，当产品成本大于目标成本时，项目现金流量已经为正，能够盈利。因此，本文想通过利用经济增加值的方式，将资金成本融入目标成本法模型中，对传统目标成本法模型进行改进。对比改进前后的模型，得出资金成本对目标成本的影响大小，并论证改进后的目标成本法模型的充分性，最后利用案例证明融入资金成本的目标成本法模型的实际可行性。本文的目的是获得融入资金成本的目标成本法模型，从而更好地指导企业的生产经营活动。

关键词：目标成本法；资金成本；经济增加值

Improvement Research into the Target Costing Incorporating the Cost of  Capital

Abstract：The target costing is proposed and tested by the Japanese manufacturing industry. It computes the target cost of the product, based on the given market price and the expected profit, on the design of the product stage. This cost method is a great way to make up the defects that the cost is porced from the market in other cost methods. It starts from the market, and then uses the market to guide the cost. What's more, the cost management system formed by the target costing has the loop structure required by the system, and effectively links the various departments in the enterprise. However, this paper argues that the target costing still has some shortcomings. The traditional target costing does not take the cost of capital into account, which leads to the phenomenon that, in some cases, even if the product cost is less than the target cost, the net flow of the project is still negative when manufacture and sale the products, while in the other cases, even if the cost of the product is still greater than the target cost, the net flow of project has been positive and profitable. Therefore, the paper will use the method of economic value-added to improve the traditional target costing by incorporating it with the cost of capital. By comparing the traditional and improved models, the paper will analyze the influence of the cost of capital on the target cost, and will demonstrate the adequacy of the improved target costing model. Finally, cases will be used to prove the practical feasibility of the model of the target costing which is incorporated into the capital cost. The purpose of this paper is to obtain a target costing incorporating the capital cost, so as to better guide the production and business activities.

Key words: target costing; cost of capital; EVA

目录

0引言 1

1绪论 3

1.1国内外研究综述 3

1.1.1国外研究 3

1.1.2国内研究 4

1.2论文结构和研究方法 5

1.2.1论文结构 5

1.2.2研究方式 5

1.3论文创新点 6

2相关理论概述 7