How to use cost accounting system in a sentence? Find typical usage patterns (collocations)/phrases/context for "cost accounting system" and check conjugation/comparative form for "cost accounting system". Mastering all the usages of "cost accounting system" from sentence examples published by news publications.
Plaut and Kilger focused on creating a cost accounting system that would cater to managers who are responsible for controlling costs, managing profits and providing information that would enable managers to make informed decisions.
|
|
In a true job cost accounting system, a budget is set up in advance of the job. As actual costs are accrued, they are compared to budgeted costs, to determine variances for each phase of each job. Cost Codes are used for each phase, allowing "mini- budgets" to be generated and tracked. In the construction industry, the Construction Specifications Institute (CSI) has established an industry standard Cost Coding system.
|
|
The data was used in financial accounting to determine the weekly, monthly and annual labour costs, and in cost accounting to determine the cost price. Late 19th century additional time cards came in use to register labour hours. Nowadays the time book can be a part of an integrated payroll system, or cost accounting system. Those systems can contain registers that describe the labour time spend to produce products, but those registers are not regularly called time books, but timesheets.
|
|
A diagram of the shipyard near its post war peak in 1983. On 27 September 1943 a special Naval Board of Investigation was convened in San Pedro to look into the conditions at Los Angeles SB&DDC.; The Navy had invested around $64 million in equipment and construction contracts at the company and had a number of concerns regarding management of those assets. According to Admiral Harold G. Bowen, Sr. the yard had no cost accounting system other than a system set up to bill and receive funds from the Navy.
|
|
In the third article of the Cost Accounting to Aid Production series, entitled "The Universal Law of the System," Harrison states emphatically that there must be a cost accounting system if the cost accounting of a business is to be properly done; that the procedure must be carefully planned to attain the desired ends; and that this planning must be done by some one who knows how. By way of illustration a diagram is given showing the basic features of a simple cost system' for a business manufacturing various kinds of machines of a standard character (see image).Harrison (Dec. 1918, p.
|
|
Cost accounting, 1919/20 In the preface of the 1919 Cost Accounting Nicholson and Rohrbach gave their view on the state of the art of cost accounting in the United States. > Cost accounting, as a vital factor of successful business administration, > has, in the last few years, been brought home in various ways to many > manufacturers who before had never seriously appreciated its importance. > The Federal Trade Commission, working for more stable conditions, has > conducted a widespread campaign of education, explaining in detail what a > cost accounting system is, how it is operated, and the resulting business > advantages. > Various manufacturers' associations have first paid skilled accountants to > devise cost-finding methods suited to their special trade conditions, and > then have instituted a vigorous propaganda to induce all engaged in their > own particular industry to adopt them, thus making these methods uniform in > the trade and securing uniformity of selling prices and the end of reckless > and ignorant price-cutting.
|
|
No results under this filter, show 6 sentences.