The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency
The determination of the production cost has a special importance in decision optimizing due to the functions this economic indicator fulfills in the industrial plants. Production potential maintenance of a plant depends on how it succeeds to recover the cost of the accomplished use values by market...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
General Association of Economists from Romania
2007-05-01
|
| Series: | Theoretical and Applied Economics |
| Subjects: | |
| Online Access: | http://www.ectap.ro/articole/219.pdf |
| _version_ | 1818527995343667200 |
|---|---|
| author | Cleopatra Sendroiu Costantin Roman |
| author_facet | Cleopatra Sendroiu Costantin Roman |
| author_sort | Cleopatra Sendroiu |
| collection | DOAJ |
| description | The determination of the production cost has a special importance in decision optimizing due to the functions this economic indicator fulfills in the industrial plants. Production potential maintenance of a plant depends on how it succeeds to recover the cost of the accomplished use values by marketing and its prosperity and rhythm of development depend on the difference between the sums cashed from selling the products and the expenses incurred in obtaining and marketing them. Operative determination of the indicators regarding production costs as well as the permanent exercising of administration control per responsibility centers, by measuring the results of the activity carried out within such centers, are requirements that the piloting of the plant depends on in order to achieve economic efficiency. |
| first_indexed | 2024-12-11T06:43:48Z |
| format | Article |
| id | doaj.art-daae06b5667646d48e2987c78a0cda69 |
| institution | Directory Open Access Journal |
| issn | 1841-8678 |
| language | English |
| last_indexed | 2024-12-11T06:43:48Z |
| publishDate | 2007-05-01 |
| publisher | General Association of Economists from Romania |
| record_format | Article |
| series | Theoretical and Applied Economics |
| spelling | doaj.art-daae06b5667646d48e2987c78a0cda692022-12-22T01:17:09ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86782007-05-015(510)5(510)4144The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic EfficiencyCleopatra SendroiuCostantin RomanThe determination of the production cost has a special importance in decision optimizing due to the functions this economic indicator fulfills in the industrial plants. Production potential maintenance of a plant depends on how it succeeds to recover the cost of the accomplished use values by marketing and its prosperity and rhythm of development depend on the difference between the sums cashed from selling the products and the expenses incurred in obtaining and marketing them. Operative determination of the indicators regarding production costs as well as the permanent exercising of administration control per responsibility centers, by measuring the results of the activity carried out within such centers, are requirements that the piloting of the plant depends on in order to achieve economic efficiency.http://www.ectap.ro/articole/219.pdfaccounting informationstandard-cost methodstandard costsmanufacturing expenses |
| spellingShingle | Cleopatra Sendroiu Costantin Roman The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency Theoretical and Applied Economics accounting information standard-cost method standard costs manufacturing expenses |
| title | The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency |
| title_full | The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency |
| title_fullStr | The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency |
| title_full_unstemmed | The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency |
| title_short | The Standard-cost Method: the Best Answer for the Effective Management of the Value Side of the Manufacturing Process and Raising Economic Efficiency |
| title_sort | standard cost method the best answer for the effective management of the value side of the manufacturing process and raising economic efficiency |
| topic | accounting information standard-cost method standard costs manufacturing expenses |
| url | http://www.ectap.ro/articole/219.pdf |
| work_keys_str_mv | AT cleopatrasendroiu thestandardcostmethodthebestanswerfortheeffectivemanagementofthevaluesideofthemanufacturingprocessandraisingeconomicefficiency AT costantinroman thestandardcostmethodthebestanswerfortheeffectivemanagementofthevaluesideofthemanufacturingprocessandraisingeconomicefficiency AT cleopatrasendroiu standardcostmethodthebestanswerfortheeffectivemanagementofthevaluesideofthemanufacturingprocessandraisingeconomicefficiency AT costantinroman standardcostmethodthebestanswerfortheeffectivemanagementofthevaluesideofthemanufacturingprocessandraisingeconomicefficiency |