scholarly journals MODELS OF COST BEHAVIOUR: DETERMINATION OF FUNCTION OF METALLURGICAL PRODUCTION COSTS

2018 ◽  
pp. 270-277
Author(s):  
Alona Khmeliuk ◽  
Vasyl Halahanov
Keyword(s):  
Regression Analysis ◽  
Metallurgical Industry ◽  
Production Costs ◽  
Cost Calculation ◽  
Metallurgical Production ◽  
Correlation And Regression Analysis ◽  
Factors Influencing ◽  
Cost Behaviour ◽  
The Cost ◽  
Response Indicators

Introduction. Peculiarities of cost behaviour and specificity of their modelling in the production of metallurgical products are considered. It is established that the definition of the volume of costs and cost of metallurgical products is regulated by P (C) BO 16 "Costs" and has sectoral features that involve the application of various methods of accounting for costs and calculating the cost of production. The main external and internal factors influencing the behaviour of expenses are determined. Effective methods for study of the dynamics of expenses at the enterprises of the metallurgical industry are offered. It has been established the following factors: business functions, investigated object of cost calculation and choice of method of cost calculation influence the behaviour of expenses. The function of costs of production of metallurgical products with the help of means of economic and mathematical modelling of correlation and regression analysis is constructed. The use of such cost response indicators as factors of comparison of seasonal behaviour costs and business activity of metallurgical production output has been proved. The prospects of application of the obtained econometric model in the practical economic activity of the enterprise for making effective management decisions both in the short-term and long-term perspective are determined. Purpose. The article aims to highlight the peculiarities of formation of the accounting information about expenses at the enterprises of the metallurgical industry; to highlight the factors affecting the behaviour of costs; to investigate the behaviour of the expenses of the enterprise of metallurgical products and to develop the economic and mathematical model of total expenses; present the stages of a comprehensive study of cost behaviour. Method (methodology). Method of system analysis, methods of causal analysis, method of correlation and regression analysis, table and graphical methods, dynamic series method (chain change coefficients) have been used in this research. Results. Features of cost formation of metallurgical production have been highlighted. The factors influencing the behaviour of expenses taking into account the seasonal component have been presented. The cost function has been developed and complemented by its cost response indicators for the purpose of integrated assessment of cost behaviour and the adoption of effective managerial decisions.

A Study about Factors Influencing the University Performance

2013 ◽  
Vol 64 (2) ◽  
Author(s):  
Rosman Md. Yusoff ◽  
Faisal Khan ◽  
Asad Mubeen ◽  
Kamran Azam
Keyword(s):  
Regression Analysis ◽  
Empirical Relationship ◽  
Decision Makers ◽  
High Tech ◽  
Data Correlation ◽  
Correlation And Regression Analysis ◽  
Factors Influencing ◽  
University Performance ◽  
The University ◽  
The Relationship

The purpose of this study is to find out the empirical relationship and influence of Research Environment, Integration of the university with Industry, High-tech Employment and Professional & Managerial Development on the University Performance.A Questionnaire has been used to collect the data. Correlation and Regression analysis were used to determine the relationship and influence of identified dimensions over the University Performance.The findings of the study show that the identified dimensions significantly relate and influence the University Performance. This study would be helpful for the university administration while making policies to upgrade its performance. Less work has been done in Pakistan for the development of universities. This study distinctively identifies and represents the variables and their influence over the university performance. The findings increase the value of the study as it would help the decision makers at the universities to think ‘out of the box’.

Activity-Based Costing System for a Small Manufacturing Company

2011 ◽  
pp. 1-19 ◽  
Author(s):  
Arkadiusz Januszewski
Keyword(s):  
Integrated Circuits ◽  
Production Costs ◽  
Cost Calculation ◽  
Activity Based Costing ◽  
False Information ◽  
Direct Production ◽  
Costing System ◽  
The Right ◽  
The Cost ◽  
Selection Of

The selection of the right cost calculation method is of critical importance when it comes to determining the real product profitability (as well as clients and other calculation objects). Traditional cost calculation methods often provide false information. The literature offers many examples of big companies that have given up traditional methods and applied a new method: activity-based costing (ABC). They discovered that many products that are manufactured generate losses and not profits. Managers, based on incorrect calculations, mistakenly believed in the profitability of each product. Turney (1991) reports on an example of an American manufacturer of over 4,000 different integrated circuits. The cost calculation with the allocation of direct production costs as machinery-hour markup demonstrated a profit margin of over 26% for each product. Implementing ABC showed that the production of more than half of the products was not profitable, and having factored in additional sales and management costs (which accounted for about 40% of the total costs), it was as much as over 75%.

scholarly journals Die toepaslikheid van deeltitelheffings in Suid-Afrika

2012 ◽  
Vol 5 (1) ◽  
pp. 103-118
Author(s):  
Christiaan Smit ◽  
Merwe Oberholzer ◽  
Suria Ellis
Keyword(s):  
Regression Analysis ◽  
Linear Regression ◽  
Linear Regression Analysis ◽  
Operating Costs ◽  
Floor Area ◽  
Cost Behaviour ◽  
The Cost

This study challenges the fairness of sectional title schemes’ levies that are ordered by the Sectional Title Act (95 of 1986) to be allocated according to the participation quota (floor area) of units. Studies have shown that larger units in a sectional title scheme tend to subsidise the levies of smaller units. A log-transformed linear regression analysis was performed to investigate the cost behaviour of 113 sectional title schemes. The results revealed that 86% of the variation in the operating costs of a scheme is attributable to the variation in the area of a scheme, while 87% of the variation in operating costs is attributable to a variation in the number of units in a scheme. The conclusion is that the area and the number of units in a scheme are equally significant drivers of operating costs. Therefore, the study recommended that the levies should be allocated on a 50/50 basis with regard to area and number of units.

scholarly journals Correlation and regression modeling of the grain production cost

2021 ◽  
Vol 37 ◽  
pp. 00006
Author(s):  
Natalia Alexandrova ◽  
Natalia Klimushkina ◽  
Elena Leshina ◽  
Maria Surkova
Keyword(s):  
Regression Analysis ◽  
Production Cost ◽  
Regression Modeling ◽  
Production Costs ◽  
Grain Production ◽  
Correlation And Regression Analysis ◽  
Yield Capacity ◽  
Leguminous Crops

The study of the efficiency of the grain economy has shown that its level is determined by production costs. Correlation and regression analysis of the factors of the production cost of 100 kg of grain has revealed that its value is determined, first of all, by the level of intensification of the industry and the yield capacity of grain and leguminous crops. According to the obtained result, in order to lower level the production cost of 100 kg of grain, the value of production costs per hectare of area under crops should not exceed 10.5 thousand rubles (the level of intensification) and the yield of grain and leguminous crops should not be less than 17.5 dt/ha. Otherwise, the production cost of 100 kg of grain will be too high, which will lead to a decrease in the profitability of the grain economy.

scholarly journals FEATURES OF THE FORMATION OF ENERGY TARIFFS AND WAYS TO REDUCE THEM ON THE EXAMPLE OF THE SAKMARSKAYA THERMAL POWER PLANT

2021 ◽  
Vol 6 (3(31)) ◽  
pp. 35-38
Author(s):  
Yuliya Aleksandrovna Mironova ◽  
Svetlana Aleksandrovna Dedeeva
Keyword(s):  
Power Plant ◽  
Thermal Energy ◽  
Thermal Power Plant ◽  
Thermal Power ◽  
Energy Sector ◽  
Production Costs ◽  
Basic Principles ◽  
Factors Influencing ◽  
The Cost

This article presents the basic principles of pricing in the economy, examines the factors influencing the formation of tariffs in the energy sector. Using the example of the Sakmarskaya termal power stantion, the categories that determine the cost of finished products are distinguished. Measures are proposed that can reduce production costs and thereby reduce the cost of electric and thermal energy by about 1.5 times.

Procedures for auditing the cost of dairy production

2020 ◽  
Vol 23 (12) ◽  
pp. 1316-1339
Author(s):  
M.F. Safonova ◽  
N.V. Mamushkina
Keyword(s):  
Production Technology ◽  
Production Costs ◽  
Cost Calculation ◽  
Dairy Production ◽  
Sources Of Information ◽  
Economic Entity ◽  
Information Classification ◽  
Analysis And Synthesis ◽  
The Cost ◽  
Verification Methodology

Subject. This article discusses the issues related to the audit procedures required for auditing, taking into account the specifics of production technology and production costs. Objectives. The article aims to unify the audit procedures for cost accounting and cost calculation, taking into account the specifics of the production process, which directly affect the verification methodology and technology of the audit job. The article also aims to formulate specific audit procedures for accounting for the cost of dairy production, taking into account the specifics of the process of obtaining finished products. Methods. For the study, we used the methods of analysis and synthesis, induction and deduction, and information classification and consolidation techniques. Results. The article presents audit procedures for the production of dairy cattle products, which are carried out taking into account the specifics of the production technology and business process, the specifics of the organization and accounting of costs and the formation of reporting of the audited economic entity. Conclusions and Relevance. The application of audit procedures is due to the peculiarities of accounting and consists in the consistency of these procedures and the use of sources of information. Audit procedures carried out during the audit of the costs of dairy production contribute to the identification of accounting and reporting errors and misstatements. They are a source of audit evidence to form the auditor's opinion. The results of the study can be used in audit theory and in the practical activities of auditors and audit organizations.

Cost accounting and cost calculation of dairy cattle products taking into account the requirements (IAS) 41 «Agriculture»

2021 ◽  
pp. 45-53
Author(s):  
L. I. Khoruzhy ◽  
N. Yu. Tryashtsina ◽  
Yu. N. Katkov ◽  
T. N. Gupalova ◽  
E. A. Katkova
Keyword(s):  
Dairy Cattle ◽  
Cost Accounting ◽  
Production Costs ◽  
Cost Calculation ◽  
Industrial Complex ◽  
Cattle Breeding ◽  
Business Plans ◽  
Dairy Cattle Breeding ◽  
Scope Of Application ◽  
The Cost

The article is devoted to the issues of accounting for the production costs of agricultural organizations and calculating the cost of milk and fruit using the provisions (IAS) 41 «Agriculture». The scope of application of the standard (IAS) 41 «Agriculture» is indicated, and its application is justified by agro-formations, taking into account costs and calculating the cost of milk and fruit. The author’s system of subaccounts to accounts on accounting of biological assets and results of their biotransformation is described. The method of calculating the cost of production of the main herd in dairy cattle breeding based on the requirements (IAS) 41 «Agriculture» is disclosed. The obtained results can be used by organizations of the agro-industrial complex to take into account costs and calculate costs in dairy cattle breeding, formulate accounting policies, business plans and substantiate management decisions.

Microfinance: Methods, Models and its Impact on Economic Development

2022 ◽  
Vol 18 ◽  
pp. 144-151
Author(s):  
Tetiana Kulinich ◽  
Nataliia Dobizha ◽  
Oksana Demchenko ◽  
Olena Bodnar ◽  
Viltoriia Myronchuk ◽  
...  
Keyword(s):  
Regression Analysis ◽  
Entrepreneurial Activity ◽  
Average Salary ◽  
Correlation And Regression Analysis ◽  
Academic Paper ◽  
Net Profit ◽  
High Level ◽  
The Cost ◽  
The Impact ◽  
Positive Results

The main purpose of the academic paper is to analyze the dynamics of microfinance services and assess their impact on the entrepreneurial activity of small and medium-sized enterprises and the consequences for the population. Methods of generalization, analysis, comparison, correlation and regression analysis have been used in order to achieve the purpose outlined. The academic paper considers the impact of microfinance services on the performance of small and medium-sized enterprises in the form of net profit. The results have showed that the impact of the cost of microfinance services on the development of financial activities of small and medium-sized businesses have a positive result, and, when using the proposed regression equation, the company will receive positive results in 2020-2024. The conducted correlation analysis of the impact of microfinance services on the level of the average salary of the population of Ukraine has revealed a high level of dependence of citizens on loans obtained. This is confirmed by the high correlation coefficient.

scholarly journals Determinants of Customer Satisfaction of Public Banks in Nepal

2019 ◽  
Vol 3 (11) ◽  
pp. 1-5
Keyword(s):  
Regression Analysis ◽  
Customer Satisfaction ◽  
Research Design ◽  
Demographic Variables ◽  
Education Level ◽  
Statistical Tools ◽  
Correlation And Regression Analysis ◽  
Factors Influencing ◽  
Analytical Research ◽  
Public Banks

The study aims to analyze the factors influencing customer satisfaction in public bank of Nepal. The customers of public banks in Nepal are the population of this study. The 150 respondents have been as sample and analytical research design has been adopted in the study. The statistical tools such as mean, correlation and regression analysis have been used to analyze the data using SPSS – 20 version software. The research paper concluded that banks should focus more on increasing tangibles, responsiveness and assurance. The demographic variables age, gender, income level and education level do not have significant differences among the responses of participants.

scholarly journals IMPLEMENTASI TIME DRIVER ABC (TDABC) DALAM PERHITUNGAN HARGA POKOK PRODUKSI AMDK MERK “RIO”

2019 ◽  
Vol 4 (01) ◽  
Author(s):  
IBK Bayangkara
Keyword(s):  
Production Costs ◽  
Test Time ◽  
Cost Calculation ◽  
Manufacturing Companies ◽  
Study Approach ◽  
Qualitative Research Design ◽  
Cost Of Production ◽  
Abc Method ◽  
The Cost

ABSTRACTThe purpose of this study is to examine the applicability of Time Driver Activity Bassed Costing (TDABC) in the calculation of the cost of production at manufacturing companies. A qualitative research design with a case study approach has been carried out on the production of RIO bottled drinking water (AMDK), a business unit of the BUMN Employees Cooperative in Gresik, for this test. Time drivers have provided solutions to the difficulty of implementing the ABC method in calculating the cost of production, due to the diversity of activity drivers. TDABC does not change the ABC method as a whole, but only simplifies the determination of activity drivers by time drivers. TDABC which is applied in the calculation of the cost of goods manufactured at a manufacturing company can produce a cost calculation of production costs that is more accurate than the calculation of the cost of production using the traditional method, because it has distributed overhead costs to each product based on the activity consumed by the product measured in units of time . More further research is needed on the application of TDABC in manufacturing companies, so that the difficulties of applying this method can be identified and solutions can be found. Keywords: TDABC, calculation, manufacturing, accurate.

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