"Would toll brothers use process costing or job costing" Essays and Research Papers

Sort By:
Satisfactory Essays
Good Essays
Better Essays
Powerful Essays
Best Essays
Page 5 of 50 - About 500 Essays
  • Powerful Essays

    Target Costing

    • 3971 Words
    • 16 Pages

    Article 32 TARGET COSTING FOR NEW-PRODUCT DEVELOPMENT: PRODUCTLEVEL TARGET COSTING Robin Cooper and Regine Slagmulder Editors’ Note: This article is an updated synthesis of in-depth explorations contained in Target Costing and Value Engineering‚ by Robin Cooper and Regine Slagmulder (Portland‚ Oregon: Productivity Press‚ 1997). Part two of the series discusses product-level target costing; part three‚ to be featured in an upcoming issue‚ will address component-level target costing. tomers. Consequently

    Premium Cost Costs Cost accounting

    • 3971 Words
    • 16 Pages
    Powerful Essays
  • Powerful Essays

    Marginal Costing

    • 2815 Words
    • 12 Pages

    MARGINAL COSTING Introduction This paper explores the use of cost accounting information for decision-making purposes. DEFINITION OF KEY TERMS Marginal cost: This is the cost of a unit of a product or service‚ which would be avoided if that unit or service was not produced or provided Break-even point: This is the volume of sales where there is neither profit nor loss. 1 9 6 COST ACCOUNTING S T U D Y T E X T Margin of safety: This is the excess of sales over the break-even volume in

    Premium Costs Variable cost Marginal cost

    • 2815 Words
    • 12 Pages
    Powerful Essays
  • Good Essays

    Kaizen Costing

    • 861 Words
    • 4 Pages

    Kaizen Costing What is Kaizen costing? Kaizen is a Japanese term that means continuous improvement. Kaizen events can be defined as making improvements through a process that emphasize small incremental amounts rather than large or radical improvement. Therefore in order to achieve this kaizen costing not include only continuous cost reduction but also continuous improvement of performance by increase the efficiency throughout the process. Why we need Kaizen costing? Market prices of a product

    Premium Cost Cost accounting Value added

    • 861 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Process Costing - The Hershey Company/ Kaiser Aluminum Process costing is used mostly in companies when converting raw materials into homogenous products. A single product is produced on a continuous basis and all units of the product are identical. Costs are computed by department where the materials‚ labor‚ or overhead costs are added to the product in the processing department. Our two companies‚ The Hershey Company and Kaiser Aluminum‚ convert raw materials to their finished products of chocolate

    Premium Chocolate

    • 658 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Costing Systems

    • 8321 Words
    • 34 Pages

    Chapter 5: Activity-Based Costing MULTIPLE CHOICE QUESTIONS 1. Consider the following statements regarding traditional costing systems: I.Overhead costs are applied to products on the basis of volume-related measures. II.All manufacturing costs are easily traceable to the goods produced. III.Traditional costing systems tend to distort unit manufacturing costs when numerous goods are made that have widely varying production requirements. Which of the above statements is (are) true? A. I only. B. II

    Premium Cost accounting Costs Activity-based costing

    • 8321 Words
    • 34 Pages
    Powerful Essays
  • Better Essays

    Variable Costing

    • 1846 Words
    • 6 Pages

    they do not make a difference between those costs that are fixed‚ and those that are variable. As a result‚ management became obligated to rely on the alternative variable costing method which provides better information for managerial accounting purposes. Although it is not allowed for external reporting‚ the variable costing method is preferred by managers because it generates great tools for internal decision making purposes CITATION Nat76 \l 1033 (Accountants‚ 1976). Introduction Accounting

    Premium Variable cost Management accounting

    • 1846 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Definition and Explanation of Job Order Costing System: A job order costing system is used in situations where many different products are produced each period. For example clothing factory would typically made many different types of jeans for both men and women during a month. In a job order costing system‚ costs are traced to the jobs and then the costs of the job are divided by the number of units in the job to arrive at an average cost per unit. Job order costing system is also extensively

    Premium Costs Manufacturing Cost

    • 309 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Standard Costing

    • 10455 Words
    • 42 Pages

    [pic] Learning Objectives: ← To understand the meaning of standard costing‚ its meaning and definition ← To learn its advantages and limitations ← To learn how to set of standards and determinations ← To learn how to revise standards Introduction: Standard costing is a very practical and therefore widely used costing system‚ in businesses that make a range of products which‚ although different‚ pass through standard and repetitive processes and machinery. Standard cost is the

    Premium Cost accounting Costs Cost

    • 10455 Words
    • 42 Pages
    Good Essays
  • Better Essays

    Kaizen Costing

    • 2990 Words
    • 12 Pages

    Kaizen Costing A Report Kaizen Costing The ultimate objective of manufacturing industries today is to increase productivity through system simplification‚ organizational potential and incremental improvements by using modern techniques like Kaizen. Most of the manufacturing industries are currently encountering a necessity to respond to rapidly changing customer needs‚ desires and tastes. For industries‚ to remain competitive and retain market share in this global market‚ continuous improvement

    Premium Manufacturing Kaizen Cost

    • 2990 Words
    • 12 Pages
    Better Essays
  • Satisfactory Essays

    Processing Costing

    • 6551 Words
    • 27 Pages

    for the use of Process Costing Objectives ☯To understand what is process costing ☯To understand the physical flow and basic entries in a process costing system ☯To be able to calculate the production cost able in a process costing system by using the the Weighted Average method 1 Comparison of Job-Order Costing and Process Costing JobJob-order costing The oil refining process starts with a fractional distillation column. Typical Application of Process Costing Process Costing

    Premium Costs Cost accounting Cost

    • 6551 Words
    • 27 Pages
    Satisfactory Essays
Page 1 2 3 4 5 6 7 8 9 50