Cost Estimation

Cost Estimation Generally Accepted Accounting get along The main purpose of searching for a new system to estimate cost if due to the erroneous practices of accounting. There is a wide recognition of this problem but most companies still have not gone to a different approach. The largely accepted accounting principles principles do not provide the physical body of cost dot and information focus required in today?s capital intensive, automated, and complex manufacturing and distribution. It generates an erroneous and antagonist relationship amidst computed crop cost and current ingatheringion volume.

This is the study problem- the inverse relationship between production volume and scrutinize take to be because these indirect expenses are all richly charges to the current product. In periods of declining gross revenue, the apparent cost of the product rises, bringing suggestions of price increases in the face of weak sales performance. In good sales periods, apparent cost of product declines, suggesting either a great(p) of pr...If you want to get a well(p) essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper