ExxonMobil Chemical

INTERNET BASED CASE STUDY – ExxonMobil Chemical Process costing is a cost keeping and measurement system largely used within the industry to assign costs where mass products are generated from raw material within a time range and consuming the same amount of labour and direct costs. It allows achieving the average unit cost by dividing all costs necessary to produce the units or the service by the total unit number produced. The objective of this analysis is to determine whether the ExxonMobil Chemical Company could apply Process Costing to assign costs to the chemical products exported to Brazil. ExxonMobil is a North America multinational open company operating in the Oil and Gas field, listed in the New York stock market, with over 100.000 employees all over the world, spread into plants, offices, refineries and logistic support, connecting the company to its customers. It has a diverse portfolio based on oil refining, from exploration to its end-use. Its structure is based on the oil extracting stages and sub-products, leading to the company that will be looked in more detail in this paper – ExxonMobil Chemicals and its chemical intermediates’ alcohols maritime exports from USA to Brazil.