This paper deals with cost drivers of variable costs in the short term. The main aim is to introduce the issue of formation of cost remanence in a manufacturing company and point out that financial management as cost control is very important because by identifying the cost drivers the company will achieve improvement when associated with the overall style of business management, in substantially less time and at expending order of magnitude smaller funds. Necessary knowledge of interconnections costs and their benefits increases the awareness of corporate managers to make rational decisions and promotes efficient use of company resources.
| Published in | European Business & Management (Volume 1, Issue 2) |
| DOI | 10.11648/j.ebm.20150102.13 |
| Page(s) | 19-24 |
| Creative Commons |
This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited. |
| Copyright |
Copyright © The Author(s), 2015. Published by Science Publishing Group |
Cost Drivers, Cost Remanence, Production, Variable Costs
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APA Style
Lucie Meixnerova. (2015). Identification and Conduct of Cost Drivers of Variable Costs in the Short Term. European Business & Management, 1(2), 19-24. https://doi.org/10.11648/j.ebm.20150102.13
ACS Style
Lucie Meixnerova. Identification and Conduct of Cost Drivers of Variable Costs in the Short Term. Eur. Bus. Manag. 2015, 1(2), 19-24. doi: 10.11648/j.ebm.20150102.13
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Download@article{10.11648/j.ebm.20150102.13,
author = {Lucie Meixnerova},
title = {Identification and Conduct of Cost Drivers of Variable Costs in the Short Term},
journal = {European Business & Management},
volume = {1},
number = {2},
pages = {19-24},
doi = {10.11648/j.ebm.20150102.13},
url = {https://doi.org/10.11648/j.ebm.20150102.13},
eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ebm.20150102.13},
abstract = {This paper deals with cost drivers of variable costs in the short term. The main aim is to introduce the issue of formation of cost remanence in a manufacturing company and point out that financial management as cost control is very important because by identifying the cost drivers the company will achieve improvement when associated with the overall style of business management, in substantially less time and at expending order of magnitude smaller funds. Necessary knowledge of interconnections costs and their benefits increases the awareness of corporate managers to make rational decisions and promotes efficient use of company resources.},
year = {2015}
}
TY - JOUR T1 - Identification and Conduct of Cost Drivers of Variable Costs in the Short Term AU - Lucie Meixnerova Y1 - 2015/07/02 PY - 2015 N1 - https://doi.org/10.11648/j.ebm.20150102.13 DO - 10.11648/j.ebm.20150102.13 T2 - European Business & Management JF - European Business & Management JO - European Business & Management SP - 19 EP - 24 PB - Science Publishing Group SN - 2575-5811 UR - https://doi.org/10.11648/j.ebm.20150102.13 AB - This paper deals with cost drivers of variable costs in the short term. The main aim is to introduce the issue of formation of cost remanence in a manufacturing company and point out that financial management as cost control is very important because by identifying the cost drivers the company will achieve improvement when associated with the overall style of business management, in substantially less time and at expending order of magnitude smaller funds. Necessary knowledge of interconnections costs and their benefits increases the awareness of corporate managers to make rational decisions and promotes efficient use of company resources. VL - 1 IS - 2 ER -
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