FAIR ALLOCATION OF COST ELEMENTS PER PRODUCT

Concerns related to production costs in general, their analysis and, implicitly, the methods used for this purpose derive from the need of economic agents to produce high quality products, while seeking to incur costs as low as possible. It can be said that this issue must be given the necessary att...

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Bibliographic Details
Main Author: Daniela SIMTION
Format: Article
Language:English
Published: University of Agricultural Sciences and Veterinary Medicine, Bucharest 2021-01-01
Series:Scientific Papers Series : Management, Economic Engineering in Agriculture and Rural Development
Online Access:https://managementjournal.usamv.ro/pdf/vol.21_4/Art58.pdf
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Summary:Concerns related to production costs in general, their analysis and, implicitly, the methods used for this purpose derive from the need of economic agents to produce high quality products, while seeking to incur costs as low as possible. It can be said that this issue must be given the necessary attention because only through a continuous analysis of production costs companies may survive and develop in an increasingly unfavorable, unstable economic environment, marked by fierce competition in all areas of activity and a continuous increase in the prices of used resources. Cost analysis represents an important area in the efficient operation of the enterprise in terms of limited resources, its task being to provide the necessary information to managers in order to develop strategic decisions.
ISSN:2284-7995
2285-3952