ACtivItY BaSeD CostinG, Value ChAin AnalysiS, TargeT cosTing & Life Cycle Cos...Sonu Sah
It is the small presentation on the topic of activity based costing, value chain analysis, target costing and life cycle costing of the Cost and Management Accounting.
ACtivItY BaSeD CostinG, Value ChAin AnalysiS, TargeT cosTing & Life Cycle Cos...Sonu Sah
It is the small presentation on the topic of activity based costing, value chain analysis, target costing and life cycle costing of the Cost and Management Accounting.
this is presentation about costing system .in this presentation we know about 1)introduction.2)cost accounting in India.3)list of industries in which cost Accounting are there.4)some specfice terms related to cost.5)Importance of good cosing system.6) objectives of good costing system7)prerequisite of Installing good costing system.then at last conclusion we know about what we know about it ,as it is only a small slide share but but there is long process occured to us. If you like this powerpoint then share also.thank you.
This particular slide contains an introduction to the concepts of Cost Accounting which is unit 1. It provides for only the definitions of the concepts and theory.
This presentation introduces the reader to the concept of life cycle costing (LCC) and its current status and latest developments.
Presented by Christine Storry - PIPEN Project Manager
Tom Breur - Agile Business Intelligence - accounting for progress - keynote d...Tom Breur
Agile BI, the Theory of Constraints and Throughput Accounting, and how the way we measure progress on software projects impacts the way we manage our work.
We’ve all grown up with Cost Accounting, even though most of us aren’t even aware of this. And it turns out that to properly manage Agile projects, we really need Throughput Accounting instead of Cost Accounting.
Relying on the wrong numbers, the ones we’re accustomed to from Cost Accounting, will harm your Agile project.
Unless you figure out how to determine progress, and measure it in the right way, you are not creating as much value for your customers as you could – the first principle from the Agile Manifesto.
Las empresas se quieren asegurar el éxito, pero el éxito cuesta y solamente se logra cuando los nuevos productos te aseguran una posición competitiva mejor, más rentable, más sostenible en conclusión, el modelo Target costing lo persigue.
this is presentation about costing system .in this presentation we know about 1)introduction.2)cost accounting in India.3)list of industries in which cost Accounting are there.4)some specfice terms related to cost.5)Importance of good cosing system.6) objectives of good costing system7)prerequisite of Installing good costing system.then at last conclusion we know about what we know about it ,as it is only a small slide share but but there is long process occured to us. If you like this powerpoint then share also.thank you.
This particular slide contains an introduction to the concepts of Cost Accounting which is unit 1. It provides for only the definitions of the concepts and theory.
This presentation introduces the reader to the concept of life cycle costing (LCC) and its current status and latest developments.
Presented by Christine Storry - PIPEN Project Manager
Tom Breur - Agile Business Intelligence - accounting for progress - keynote d...Tom Breur
Agile BI, the Theory of Constraints and Throughput Accounting, and how the way we measure progress on software projects impacts the way we manage our work.
We’ve all grown up with Cost Accounting, even though most of us aren’t even aware of this. And it turns out that to properly manage Agile projects, we really need Throughput Accounting instead of Cost Accounting.
Relying on the wrong numbers, the ones we’re accustomed to from Cost Accounting, will harm your Agile project.
Unless you figure out how to determine progress, and measure it in the right way, you are not creating as much value for your customers as you could – the first principle from the Agile Manifesto.
Las empresas se quieren asegurar el éxito, pero el éxito cuesta y solamente se logra cuando los nuevos productos te aseguran una posición competitiva mejor, más rentable, más sostenible en conclusión, el modelo Target costing lo persigue.
Key Performance Indicator or KPI is a quantifiable measure used to evaluate the success of an organization. Here are key manufacturing KPIs to track.
#keyperformanceindicatior #kpi #manufacturing #manufacturingsoftware #mrpeasy #mrpsoftware #mrp #erp #mrpsystem #erpsystem
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
➢ 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
➢ SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
➢FreenBecky 1st Fan Meeting in Vietnam
➢CHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
➢ WOW K-Music Festival 2023
➢ Winner [CROSS] Tour in HCM
➢ Super Show 9 in HCM with Super Junior
➢ HCMC - Gyeongsangbuk-do Culture and Tourism Festival
➢ Korean Vietnam Partnership - Fair with LG
➢ Korean President visits Samsung Electronics R&D Center
➢ Vietnam Food Expo with Lotte Wellfood
"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
Experience unparalleled EXTENDED STAY and comfort at Skye Residences located just minutes from Toronto Airport. Discover sophisticated accommodations tailored for discerning travelers.
Website Link :
https://skyeresidences.com/
https://skyeresidences.com/about-us/
https://skyeresidences.com/gallery/
https://skyeresidences.com/rooms/
https://skyeresidences.com/near-by-attractions/
https://skyeresidences.com/commute/
https://skyeresidences.com/contact/
https://skyeresidences.com/queen-suite-with-sofa-bed/
https://skyeresidences.com/queen-suite-with-sofa-bed-and-balcony/
https://skyeresidences.com/queen-suite-with-sofa-bed-accessible/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-king-queen-suite-with-sofa-bed/
https://skyeresidences.com/2-bedroom-deluxe-queen-suite-with-sofa-bed-accessible/
#Skye Residences Etobicoke, #Skye Residences Near Toronto Airport, #Skye Residences Toronto, #Skye Hotel Toronto, #Skye Hotel Near Toronto Airport, #Hotel Near Toronto Airport, #Near Toronto Airport Accommodation, #Suites Near Toronto Airport, #Etobicoke Suites Near Airport, #Hotel Near Toronto Pearson International Airport, #Toronto Airport Suite Rentals, #Pearson Airport Hotel Suites
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
What is the TDS Return Filing Due Date for FY 2024-25.pdfseoforlegalpillers
It is crucial for the taxpayers to understand about the TDS Return Filing Due Date, so that they can fulfill your TDS obligations efficiently. Taxpayers can avoid penalties by sticking to the deadlines and by accurate filing of TDS. Timely filing of TDS will make sure about the availability of tax credits. You can also seek the professional guidance of experts like Legal Pillers for timely filing of the TDS Return.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...
ACCA
1. Specialist Cost Accounting
Techniques (Target Costing)
• Used mainly for new product development
• Company identifies a target price and a
target profit
• Company then establishes its target cost, at
which the product must be manufactured in
order to achieve the target price
• There is a focus on price-led costing,
customer requirements and design
2. Target costing process
Determine currently
Achievable cost
Establish target
price
Establish desired
Profit margin
Set target
cost
Calculate cost gap
Try to close the gap
Determine product
concept
3. Closing the cost gap (TC)
• Reducing the number of components
• Using standard components wherever possible
• Training staff in more efficient technique
• Using different materials
• Using cheaper staff
• Acquiring new, more efficient technology
• Cutting out non-value added activities
4. Implications (TC)
• Penetration pricing may be used to deter
competitors from entering the market
• High sales volume can lead to economies of scale
and savings from the learning / experience curve
• Continuous cost reduction over the life of the
product
• All departments share the responsibility for
delivering cost forecasts
5. Product Life Cycle Costing
• Tracks and accumulates costs and
revenues over a product’s entire life
• It has five phases:
1. Development
2. Introduction
3. Growth
4. Maturity
5. Decline
6. PLCC
• Sales volume, sales revenue, profitability,
investment and cash flow will all vary
• Appropriate strategy depends on which
phase the product is at
• Helps a company to understand likely cost
changes at different stages of its life
7. Implications (PLCC)
• The profitability of new product before large scale
production
• Appropriate pricing and sales strategy is easier to
select
• Attention can be focused on getting the product to
market as quickly as possible
• Efforts can be made to extend the life of the
product
• Lessons can be learnt which can be used to
improve the profitability of future products
8. Advantages (PLCC)
• Cost visibility is increased
• Individual product profitability is better
understood
• More accurate feedback information is
provided on success or failure of new
products
9. Maximising the return over the
product life cycle
• Design costs out of products
• Minimise the time to market
• Minimise the breakeven time
• Maximise the length of the life span
• Minimise product proliferation
• Manage the product’s cashflows
10. Backflush Accounting
• Complete opposite to traditional method
• Focuses on output
• Works backwards to allocate costs (cogs & inventories)
• Ideally suited to a JIT philosophy
• Transfers between processes are at standard costs (total
variance taken directly to P&L)
• It has one or two trigger points (when costs are recorded
– The purchase of raw materials
– The manufacture of completed products
11. Throughput accounting and the
theory of constraints
• TA is based on theory of constraints
• Every system:
– Has a goal (e.g. to make profits)
– Has inputs which are processed into
outputs
– Consists of sub-systems that inter-react
with each other
– Has constraint (anything that limits output)
12. Throughput accounting
• Aim of a business is to make money by:
– Increasing throughput
– Reducing operating expenses
– Reduce inventory
• Throughput can be increased by identifying
the bottlenecks in the system and taking
action to remove them or ease them
13. Throughput accounting ratios
• Performance can be measured using three ratios:
• Return per factory hour = Throughput (sales –
direct material cost) / usage of bottleneck
resource in hours (factory hours)
• Total conversion cost (operating expenses ) per
factory hour
• TA ratio = Return per factory hour / total
conversion cost per factory hour
14. Example (TA)
Z ltd manufactures Product X
• Selling price = $20
• Material costs = $8 per unit
• Total monthly operating expenses = $120,000
• Key constraint
– Machine capacity (600 mh available each month)
– It takes 3 minutes of machine time to manufacture each unit
of product X
15. Solution (TA)
• Throughput per machine hour (return per factory
hour)
= (20 – 8) / (3/60) = $240
• Total conversion cost per factory hour
= $120,000 / 600 hrs = $200
• TA ratio = 240 / 200 = 1.2