APPLICATION OF THE TIME DRIVEN ACTIVITY BASED COSTING METHOD TO DETERMINE EDUCATION COSTS IN THE INDONESIAN ARTS INSTITUTE (ISI) DENPASAR

Abstract

This study aims to study the results of the calculation of Education Costs calculated using the Activity Based Costing Method and the Time Driven Activity Based Costing method, this study was conducted at the Indonesian Institute of Arts in Denpasar with a Population Head of the BUK Bureau, Head of BAKPK Bureau, education staff and students, samples in the study this is, combined with study programs at ISI Denpasar. All data obtained from interviews, observation and documentation. Data analysis techniques in the study are: 1) calculating the cost of education using Activity Based Costing Method, 2) calculating the cost of education using the Time Driven Method Activity Based Costing Method, and, 3) comparing the results of calculations using the second method. The results showed that there was a meaningful difference between the costs calculated using the Activity Based Costing Method and the Time Driven Activity Based Costing Method with the percentage difference in the calculation of Education Costs for Visual Communication Design study programs at 60.61%, Interior Design 4.54%, Fine Arts Pure 3.45%, Arts Craft -13.68%, Photography 11.75% Dance 12.27%, Karawitan 21.51%, Pedalangan -0.46%. Calculation results can be compared in two categories, namely overcosted and undercosted. The comparison results show that there are six costs that are categorized as undercosted and two costs that are categorized as overcosted. From this study it can be concluded that the Calculation Method with the TDABC method is more efficient and simpler than the ABC method.