Traditional methods versus modern methods of determining unitary cost in forestry

Tenovici, Cristina and Albici, Mihaela and Parpandel, Denisa Elena (2009): Traditional methods versus modern methods of determining unitary cost in forestry.

Abstract

Top level management has in view costs minimizing, so profit maximizing, so that costs adjustment seems to be a vital necessity when the activity developed within the company does not assure the maintenance and stability of the necessary relation between consuming factors and costs. In such circumstances, approaching differing sides of the production cost and improving the methods of calculation has much significance in determining the most appropriate measures necessary for its adjustment and for profit increasing. The whole informational process of costs – formation, control and analysis of costs – involves a careful use the methodological concepts known under the name of classical methods and modern or complementary methods, as well as of other proceedings. Such methods and proceedings cannot be applied separately, only conjugated and integrated in a unitary methodological system, each of these methods and proceedings participating at achieving one or more objectives. Only by their unitary action they can fulfill all the system objectives.

• Item Type: MPRA Paper
• Language: English
• Keywords: Cost, economic efficiency, decisions substantiation, traditional and modern methods for costs determining
• Subjects: M - Business Administration and Business Economics ; Marketing ; Accounting ; Personnel Economics > M4 - Accounting and Auditing > M41 - Accounting; D - Microeconomics > D2 - Production and Organizations > D24 - Production ; Cost ; Capital ; Capital, Total Factor, and Multifactor Productivity ; Capacity

References

C. O. Tenovici „Projecting the informatic system of cost determination and analisys in forestry”, Universitaria Publishing House, Craiova, 2007.

O. Calin, Gh. Carstea “Management accountability and costs calculation”, Genicod Publishing House, Bucharest, 2002.

T. A. Baciu - “Costs – organization, planning, accounting, calculation, control and analisys“, Dacia Publishing House, Cluj- Napoca, 2001