Cost accounting is a method of tracking and analyzing the costs of producing and selling goods or services. It can help merchants improve their decision-making, optimize their pricing, and increase their profitability. In this article, you will learn about some cost accounting techniques that can help you boost your revenue.
Cost allocation is the process of assigning indirect costs, such as rent, utilities, or marketing, to different products or services based on some criteria. For example, you can allocate costs based on the amount of resources used, the sales volume, or the profit margin. Cost allocation can help you determine the true cost and profitability of each product or service, and identify which ones are more or less profitable. This can help you adjust your pricing, marketing, or production strategies accordingly.
Cost-volume-profit analysis is a technique that helps you understand how changes in cost, volume, and price affect your profit. It involves calculating your break-even point, which is the level of sales that covers your fixed and variable costs. It also involves calculating your margin of safety, which is the difference between your actual or expected sales and your break-even point. Cost-volume-profit analysis can help you set your sales goals, evaluate your pricing, and plan your budget.
Activity-based costing is a technique that assigns costs to activities, rather than products or services. Activities are the actions or processes that consume resources and generate value for customers. For example, some activities are ordering materials, packaging products, or delivering services. Activity-based costing can help you identify and eliminate non-value-added activities, reduce waste and inefficiency, and improve your quality and customer satisfaction. It can also help you calculate more accurate product or service costs, and charge customers based on the value they receive.
Estudar a prática da atividade realizada, isso nos mostra a realidade do que está sendo feito, e assim podemos encontrar solu??es onde podemos reduzir nossos custos e buscar minimizar ou até mesmo elimina certas passos da atividade , trazendo assim mais rentabilidade para a institui??o.
Target costing is a technique that helps you design and produce products or services that meet customer needs and expectations, while achieving your desired profit margin. It involves setting a target price based on market research and customer feedback, and then deducting your target profit to get your target cost. Then, you work backwards to find ways to reduce your actual cost to match or beat your target cost. Target costing can help you increase your revenue by creating products or services that customers are willing to pay for, and by controlling your costs and improving your efficiency.
Baseado nisso, uma melhora na eficácia nos mostra que o processo está correto e assim traz mais resultados positivos para a institui??o.
Kaizen costing is a technique that helps you continuously monitor and improve your cost performance by implementing small and incremental changes. It involves setting cost reduction goals for each period, measuring your actual costs against your standard costs, and identifying and eliminating the causes of any variances. Kaizen costing can help you increase your revenue by enhancing your productivity, quality, and customer satisfaction, and by creating a culture of continuous improvement and innovation.
It’s rooted in the philosophy of Kaizen, which means “continuous improvement” in Japanese Implementing Kaizen costing requires ongoing efforts and commitment from all levels of the organization. It involves regular reviews, brainstorming sessions, and continuous improvement initiatives, which can be time-consuming.
é um dos pilares que levam uma empresa à resultados extraordinários,termos um mercado competitivo disso todos sabemos e a busca em redu??o deve ser constante.