Naslov
Importance of Marginal Costing for Management Decision and Control

Autori
Lončar, Iris ; Bogut, Zrinka

Vrsta, podvrsta i kategorija rada
Radovi u zbornicima skupova, cjeloviti rad (in extenso), znanstveni

Izvornik
14th International DAAAM Symposium "Intelligent Manufacturing & Automation : Focus on Reconstruction and Development" : proceedings / Katalinić, Branko - Beč : DAAAM International Vienna, 2003, 053-054

Skup
International DAAAM Symposium "Intelligent Manufacturing & Automation : Focus on Reconstruction and Development" (14 ; 2003)

Mjesto i datum
Sarajevo, Bosna i Hercegovina, 22.10.2003. - 25.10.2003

Vrsta sudjelovanja
Predavanje

Vrsta recenzije
Međunarodna recenzija

Ključne riječi
fixed costs; variable costs; contribution; control; decision making

Sažetak
Management uses information from past transactions as an aid for decision-making and control for future. Numerous costing methods have been developed for these purposes. Most of them are based on the costing records from which the information about the accurate costs of individual products and services, together with the total costs of running the business may be obtained. Marginal costing, as alternative costing method, splits costs into fixed and variable components. Contribution analysis is essential regarding to marginal costing. By using marginal costing the evaluation of decisions and control based on contribution will enable the management to determine the situation that would maximise profit when there is a limiting factor. The management will have to work out which sort of product gives the maximum contribution per unit of the scarce resource, as this would in turn maximise profit.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

POVEZANOST RADA