Kategorier: Alla - indirect - forecasting - variable - direct

av stephie b för 8 årar sedan

2083

Cost Accounting

In cost accounting, understanding the different types of costs and their behavior is crucial for effective financial management. Costs can be categorized into variable, semivariable, and non-variable, each having unique implications for budgeting and forecasting.

Cost Accounting

Tracking

Process

Job Order

Financial Reporting

Objectives

Product/Service Costs

Ways to Consider Costs

Historical
Standard
Advantages

Evaluation

Cost Inefficiency

Record keeping Efficiency

Which Costs Are Included?

Direct + Indirect
Full Costing
Only Direct
Direct Costing

Managerial Decisions

Process Improvement
Forecasting
Strategy
Budgeting

Performance Measurement

Variance Analysis

Outputs

Pricing
Product Mix
Profitability Analysis
Inventory Cost

Product Allocation

Cost Drivers

Cost Pools/Centers

Indirect Cost (Allocated)

Direct Cost (Traced)

Cost Type

Cost Behavior

Chucky Cost

Semivariable Cost

Non Variable Cost

Variable Cost

COST ACCOUNTING