Computation and analysis of deviations from cost reports

Vasile Bleotu ()
Additional contact information
Vasile Bleotu: Dimitrie Cantemir Christian University, Faculty of Finance, Banking and Accounting, Bucharest, Romania

The Annals of Dimitrie Cantemir Christian University. Economy, Commerce and Tourism Series, 2011, vol. 3, issue 1, 55-62

Abstract: Cost calculation proves to be a management tool that has become indispensable for any type of organization, but especially those in industrial production. Thus, to cope with the market economy, companies must organize cost calculation showing primarily the consumption of resources, but providing information outlining the inadequacies of conducting production activities. In this regard use of a standard cost calculation allows company management to identify, monitor and report deviations from standard design and can make decisions based information for efficient production flow.

Keywords: standard cost, accounting, deviations (search for similar items in EconPapers)
JEL-codes: M41 (search for similar items in EconPapers)
Date: 2011
References: Add references at CitEc
Citations:

Downloads: (external link)
http://management.ucdc.ro/revista/full%20text%202011/Full%20text-8.pdf (application/pdf)
http://management.ucdc.ro/revista/full%20text%202011/Full%20text-8.pdf (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:dcc:adcect:v:3:y:2011:i:1:p:55-62

Access Statistics for this article

The Annals of Dimitrie Cantemir Christian University. Economy, Commerce and Tourism Series is currently edited by Emilia Pascu

More articles in The Annals of Dimitrie Cantemir Christian University. Economy, Commerce and Tourism Series from Faculty of Management in Tourism and Commerce Bucharest, "Dimitrie Cantemir" Christian University, Bucharest, Romania Contact information at EDIRC.
Bibliographic data for series maintained by ( this e-mail address is bad, please contact ).