What many Americans, Mormons and non-Mormons, call bribes are what many in other countries call gifts and a standard cost of doing business.
32.
Lean accounting uses actual costs throughout, whereas traditional accounting uses standard costs that must then be adjusted to actual costing for external reporting
33.
He showed an analysis of the estimated product costs based on standard cost accounting and recommended that the company decline to build any streetcars.
34.
For example, assume that the standard cost of direct labor per unit of product A is 2.5 hours x $ 14 = $ 35.
35.
As part of the budgeting process, standard costs for a production campaign of a particular fine chemical are determined on the basis of past experience.
36.
ABC gets closer to true costs in these areas by turning many costs that standard cost accounting views as indirect costs essentially into direct costs.
37.
Variance analysis is usually associated with explaining the difference ( or variance ) between actual costs and the standard costs allowed for the good output.
38.
In addition to the standard costs of running a business-- rent, telephone bills, mailings, personnel-- the seminar relies on the good will of the music industry.
39.
Both sides agree the enrichment standards cost Californians more than 10 cents per gallon, although Krause said the difference could be more pronounced in some states.
40.
They were truly the pioneers who introduced new cost concepts like fixed and variable costs, standard cost, cost centers, relevant costs, etc . in the literature.
