IDEAS home Printed from https://ideas.repec.org/a/agr/journl/v7(502)y2006i7(502)p81-84.html
   My bibliography  Save this article

Using Standard-Sole Cost Method for Performance Gestion Accounting and Calculation Cost in the Machine Building Industry

Author

Listed:
  • Cleopatra Sendroiu
  • Aureliana Geta Roman
  • Costantin Roman

    (Academy of Economic Studies, Bucharest)

Abstract

The main purpose of improving and varying cost calculation methods in the machine building industry is to make them more operational and efficient in supplying the information necessary to the management in taking its decisions. The present cost calculation methods used in the machine building plants - global method and the method per orders - by which a historical cost is determined a posteriori used in deducting and post factum justification of manufacturing expenses does not offer the management the possibility to fully satisfy its need for information. We are talking about a change of conception in applying certain systems, methods and work techniques, according to the needs of efficient administration of production and the plant seen as a whole. The standard-cost method best answers to the needs of the effective management of the value side of the manufacturing process and raising economic efficiency. We consider that, in the machine building industry, these objectives can be achieved by using the standard - sole cost alternative of the standard-cost method.

Suggested Citation

  • Cleopatra Sendroiu & Aureliana Geta Roman & Costantin Roman, 2006. "Using Standard-Sole Cost Method for Performance Gestion Accounting and Calculation Cost in the Machine Building Industry," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 7(7(502)), pages 81-84, September.
    • Handle: RePEc:agr:journl:v:7(502):y:2006:i:7(502):p:81-84
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/articole/125.pdf
    Download Restriction: no
    File URL: http://www.ectap.ro/articol.php?id=125&rid=7
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:7(502):y:2006:i:7(502):p:81-84. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.