Author(s)

Qing Yang

Corresponding Author

Qing Yang

ABSTRACT

In order to solve the problem of low efficiency of cost control in the analysis of conventional cost management and control methods for specific types of enterprises in a specific period, a study on cost management and control of chemical enterprises in the economic slowdown period was put forward. The cost composition of chemical enterprises is determined. Based on the calculation of the cost comprehensive coefficient, the research model of cost management control of chemical enterprises in the economic slowdown period is constructed. The cost management strategy of chemical enterprises in the economic slowdown period and the cost control strategy of enterprises are given. The research of this paper is realized. The experimental data show that the proposed cost management and control research is more conventional than the conventional cost control method. The effectiveness of cost control is improved by 42.14%, which is suitable for the cost management control of chemical enterprises during the economic slowdown period.

KEYWORDS

Economic slowdown period, Chemical enterprises, Cost management, Cost control