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To seperate the cost of production from profit to allow analysis like ROI (Return on Investment), cost vs benefit, and cost reducing production improvements.
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Discuss the objective and benefit of cost accounting?
discuss the objective of business
Cost to income ratio?
operating expenses/operating income
What is primary objective of cost management?
explain the primary objectives of cost management ?
How do you calculate operating profit?
Sales Les: Cost of goods sold Gross Profit Less: Operating Expenses Operating Income
What is the average direct operating cost of a restaurant?
Direct Operating cost can be anywhere from 3 to 6% of sales. however, the right way is to determine it as a cost per customer. This would vary for every operation.
What is system objective?
what are the objective of operating system
What are the objective of cost of capital?
objective of the cost of capital is to exercise control over the cost
What is the primary objective of an operating system in logistics?
acheive efficiency
Discuss the objective and benefit of cost accounting?
discuss the objective of business
What are Limitations and advantages of operating cost?
The advantages of operating cost are that it provides easy comparability and provides a basis of measuring operating performance. The limitation of the operating cost is that they are very expensive to set up.
The main objective when operating a motor vehicle is to drive as safly as possible?
safely
Benefit and objective of cost accounting?
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Cost to income ratio?
operating expenses/operating income
What is primary objective of cost management?
explain the primary objectives of cost management ?
What are the objective of financial management . Which objective is most important and why?
To achieve the main object of the company at minimum cost.
What is the objectives of capital structure?
The objective of capital structure is minimize the WACC cost.
What is operating cost in hotel?
The operating cost of a hotel will vary depending on size and location. The operating cost includes things such as employee salaries, advertising costs, housekeeping supplies, food, decorations, guests supplies, and furniture.
