International Journal of Advanced Multidisciplinary Research and Studies
Volume 4, Issue 1, 2024
Analyze Cost Information to Serve Decision Making in Manufacturing Enterprises
Author(s): Tran Thi Du
Abstract:
Cost accounting information helps managers make decisions, through estimating activities, identifying costs under different classifications, collecting cost information, analyzing and providing cost information. fees for administrators. Cost accounting information plays an important role in providing information for management activities in general and cost management in particular, to help managers carry out strategic planning and organization. Implement, command and coordinate activities between departments and inspect implementation in order to take measures to adjust business operations effectively according to set goals. The article addresses cost analysis in manufacturing enterprises, including cost analysis based on analysis of implementation cost information, comparison of implementation cost information with period cost information. advance, standard cost information and cost estimates, analysis of cost differences between actual costs and standard costs and estimated costs. At the same time, perform cost analysis of products, customers and branches. The article presents the current situation of cost analysis for management in manufacturing enterprises, and also offers solutions to improve cost analysis in manufacturing enterprises, in order to provide information for decision-making. decision.
Keywords: Cost Information, Enterprises, Vietnam
Pages: 707-710