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Cost Accounting (Speedy Study Guides) - Speedy Publishing

Автор: Speedy Publishing
Издательство: Ingram
Серия: Cost Accounting Basics Edition
Жанр произведения: Бухучет, налогообложение, аудит
Год издания: 0
isbn: 9781633839816

Cost accounting allows managers to compare actual costs to budgeted costs incurred during each stage of the manufacturing or production process. Managers may switch from one supplier of raw materials to another or alter their hourly wages based on the information that cost accounting provides. A chart showing the five different components of cost accounting allows accounting personnel to evaluate which method they want to use to calculate, report, and analyze costs and allows non-accounting personnel to visualize the process.