Regulates daily consumption of resources.
Cost Center: it is that department of a company whose manager is responsible for cost spending only like production department.Revenue Center: it is that department whose manager is only responsible for revenue for example sales department.Profit Center: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".
Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center
Explain cost center in the context of cost accounting
cost centre
Because the production manager's salary remains the same, regardless of the production level, this salary is a fixed cost, not a variable cost.
cost center
Wing
Regulates the daily consumption of resources
Regulates the daily consumption of resources
Cost Center: it is that department of a company whose manager is responsible for cost spending only like production department.Revenue Center: it is that department whose manager is only responsible for revenue for example sales department.Profit Center: it is that department whose manager responsible for cost as well as revenue of department that department is called profit centre like "Autonomous Business Units".
A revenue center is where the program manager focuses on bringing in revenue for the program, and an expenses center is where a program manager is responsible for their own expenses. Having a center that is responsible for their own expenses helps keep cost down as they are an everyday part of the program managers job, revenue center also help subsidize programs which can be used to allow flexible cost on certain target groups.
Some possible careers are hotel or motel manager, convention center coordinator, spa or resort manager, restaurant manager, retirement center manager, casino manager, and more.
One of the main advantages of cost centers are the manager that will help set budget and cost center targets. Another advantage is they can be created for multiple areas such as legal, human resources, financial and administrative support. ?æ
Production cost centerpersonal cost centerservice cost centeroperation cost centerimpersonal cost centerprocess cost center
Explain cost center in the context of cost accounting
One can look for call center manager jobs on various websites like Monster and Indeed. Both websites offer a great amount of jobs all around the world, including a call center manager job.
71,000