Posts tagged Cost

For most people, spending money is a whole lot easier and more fun than earning it. I wont tell you to stop having fun and …

It is not surprisingly, my post about “Capitalization and Amortization of Software Cost“ been gaining lots of reaction and questions on the ground [through email], …

Leasing is an alternative to purchasing. Because the lessee is obligated to make a series of payments, a lease arrangement resembles a debt contract. Thus, …

Target costing differs from most of other costing methodologies [which are primarily concerned with the interpretation of costing data after it has already been incurred] …

The cost control system is an integral part of the overall organizational decision support system. The cost control system focuses on intra-organizational information and contains …

There are many types of cost variance, which fall into the two general categories of price and efficiency variances. The price variance is the difference …

Disposition of under-applied or over-applied overhead depends on the significance of the amount involved. If the amount is immaterial, it is closed to Cost of …

The predetermined overhead rates are used throughout the year to apply overhead to Work in Process Inventory. Overhead may be applied as production occurs, when …

A real estate project is considered substantially completed and held available for occupancy upon completion of tenant improvements by the developer, but no later than …

In real estate properties that are intended for rent or sale after development is completed, leasing and selling activities generally occur throughout the acquisition, development, …

A daily question faced by managers is whether the right components and services will be available at the right time to ensure that production can …

As real estate projects often span long time periods until their completion, it is of critical importance to evaluate at the outset of a real …

Project costs are defined as “costs clearly associated with the acquisition, development, and construction of a real estate project”. In certain real estate projects, land …

Cost control must be exercised over manufacturing and non-manufacturing costs. Costs should only be incurred for necessary business expenditures that will provide revenue benefit to …

The typical cost accounting report shows the current cost of each product, perhaps in relation to a standard cost that was put in place when …