Tag Archives | Application

Managerial Problems and Marginal Costing

This article throws light upon the ten major managerial problems in application of marginal costing. The problems are: 1. Pricing Decisions 2. Profit Planning and Maintaining a Desired Level of Profit 3. Make or Buy Decisions 4. Problem of Key 5. Selection of a Suitable or Profitable Sales Mix 6. Effect of Changes in Sales Price 7. Alternative Methods of [...]

By |2016-06-28T09:28:16+00:00June 28, 2016|Marginal Costing|Comments Off on Managerial Problems and Marginal Costing
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Top 10 Application of Cost Reduction Methods

The following points highlight the top ten applications of cost reduction methods. The applications are: 1. Product Design 2. Organisation 3. Factory Layout and Equipment 4. Production Plan, Programme and Methods 5. Administration 6. Marketing 7. Personnel Management 8. Material Control 9. Financial Management 10. Utility Services. Cost Reduction Methods: Application # 1. Product Design: Product designs the first step [...]

By |2016-06-18T06:58:42+00:00June 18, 2016|Cost Control|Comments Off on Top 10 Application of Cost Reduction Methods
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