Strategic Cost Management - By Sundarrajan M [email protected] Based on Shank and Govindarajanâs âStrategic Cost Managementâ: The New Tool for Competitive Advantage…

CHAPTER 3 CHAPTER 3 COST-VOLUME-PROFIT ANALYSIS 3-1 Cost-volume-profit (CVP) analysis examines the behavior of total revenues, total costs, and operating income as changes…

CHAPTER 3 COST-VOLUME-PROFIT ANALYSIS 3-1 Cost-volume-profit (CVP) analysis examines the behavior of total revenues, total costs, and operating income as changes occur in…

MEANING y The use of cost information made by management to achieve the aims of a company y STRATEGIC COST MANAGEMENT is the overall recognition of the cost relationships…

1. Critically Discuss The StrategicCritically Discuss The Strategic Implications OfVarious Cost-Implications OfVarious Cost- Output Relationships.Output Relationships. Students:…

Slide 1Production and Inventory Management Chapter 11 Slide 2 Why It Is Important to Understand the Cost Relationships in Production and Inventory Management They affect…

Slide 1Overview of Higher Education Funding in Florida presented to the Council of 100 Dr. Bill Proctor, Executive Director November 7, 2002 Slide 2 FY 2002-03 State General…

Slide 1 Slide 2 CHAPTER 4 Cost-Volume-Profit Analysis Slide 3 Purpose of Budgeting Planning How many units of input do I need to support a budgeted output? Control Are operations…

Slide 1Learning Objectives Delineate the nature of a firm’s cost – explicit as well as implicit. Outline how cost is likely to vary with output in the short run and various…

1. COST CONCEPTSAND CLASSIFICATIONS Fixed vsDirect vs VariableIndirect Functional vs Behavioral 2. COST CLASSIFICATIONS Functional 3. COST CLASSIFICATIONS Functional –…