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What is the effect of variable costing on net income?
It inhibits projected earing figures and projections.
Does Activity Based Costing produce an accurate costing picture?
Hi Activity Based Costing could be seen as the 'Cause-and-Effect' realtionship in the costs. If we extend this logic then we can segregate all the costs in four sections. a) Product Costs b) Customer Costs c) Business Sustaining Costs d) Cost available to use In this sense the Activity Basedd Costing gives an accurate costing picture.
Does a company's costing method have any effect on its pricing decisions?
u from ntu doing bu8101 seminar 9?
State the arguments for using marginal costing approach in routine accounting?
- The Marginal costing technique is appropriate for decision making as it highlights those costs (and revenues) which will change as a result of the decision under review being put into effect. - As fixed costs are mostly overheads, and, under marginal costing these are all treated as period costs and charged into the income statement therefore marginal costing avoids arbitrary allocation of overheads to units of output. - Reporting profit on a marginal costing basis will be more closely relates to changes in sales volume and are less affected by changes in inventory levels. - An understanding of the behavior of costs and the implications of contribution is vital for accountants and managers as the use of marginal costing for decision making is universal.
What are Limitations and advantages of marginal costing?
Advantages of Marginal Costing:00.Cost Control: Practical cost control is greatly facilitated. By avoiding arbitrary allocation of fixed overhead, efforts can be concentrated on maintaining a uniform and consistent marginal cost useful to the various levels of management. 1. Simplicity: Marginal Costing is simple to understand and operate; it can be combined with other forms of costing, such as, budgetary costing, standard costing without much difficulty.2.Elimination of varying charge per unit: In marginal Costing fixed overheads are not charged to the cost of production due to this the effect of varying charges per unit is avoided.3.Short-Term Profit Planning: It helps in short-term profit planning by break-even charts and profit graphs. Comparative profitability can be easily assessed and brought to the notice of the management for decision-making.4.Prevents Illogical Carry forwards: It prevents the illogical carry-forwards in stock-valuation of some proportion of current years fixed overhead.5.Accurate Overhead Recovery Rate: It eliminates large balances left in overhead control accounts, which indicate the difficulty of ascertaining an accurate overhead recovery rate.6.Maximum return to the business: The effects of alternative sales or production policies can be more readily appreciated and assessed, and decisions taken will yield the maximum return to the business.
Problem statement on the effects of employee motivation?
The effect of employee motivation is that the performance of the company will go up. A happy and well motivated worker will also get the job satisfaction.
Does financail incentives motivate employee why?
The result of the research shows that the dimension of the research variable is valid and the variable of financial incentives relationship has a positive effect on employee motivation. But not all. “People have three psychological needs – to feel autonomous, to feel competent and to feel related to others,” the study says. Payment, according to research, does not fulfill these needs. Over-emphasis on financial reward undermines autonomy and therefore intrinsic motivation, he says. “This [negative effect of money on motivation] matters hugely. You need high quality performance from bankers. You need thinkers, problem solvers, people who can be creative and using money to motivate them will not get you that.” So overall it still depends on the employee to be motivated or not.
Leave without pay (LWOP) as an effect on what employee benefits?
Leave without pay (LWOP) has an effect on what employee benefits?
What is the effect of variable costing on net income?
It inhibits projected earing figures and projections.
In the light of erg theorycognitive evaluation theoryreinforcement theoryxy managers theory explain motivation?
How can motivation theories are effect on employe progress
How does communism effect the Stalin hostile speech?
That's where he got his motivation from
Does Activity Based Costing produce an accurate costing picture?
Hi Activity Based Costing could be seen as the 'Cause-and-Effect' realtionship in the costs. If we extend this logic then we can segregate all the costs in four sections. a) Product Costs b) Customer Costs c) Business Sustaining Costs d) Cost available to use In this sense the Activity Basedd Costing gives an accurate costing picture.
Does an outlier have a greater effect on the standard deviation or interquartile range?
On the standard deviation. It has no effect on the IQR.
What is the Effect of population in economic development?
The effect such as economies of scale and specialization, the possible spur to favourable motivation caused by increase dependancy, and the more favourable attitudes , capacities ,and motivation of younger populations compared with older ones
Does a company's costing method have any effect on its pricing decisions?
u from ntu doing bu8101 seminar 9?
What are the effects of poor job design?
There can be a lot of effect of poor working conditions in an office- 1. A person will fed of his work and will not be able to give his/her 100 percent. 2. It may be serious to an employee's health also. 3.This will lead to lowering of an employee's motivation level. 4. This will effect the performance of an employee.
Southwest is buyin airtran how will this effect the the employee of airtran?
airtran employee should benefit in a number of increase in salary better pension plan
