Utilization of contribution margin in the costing system in production of components for wood working machines

The aim of this paper is to propose optimization of costing method for planning a production-sales programme of the chosen engineering enterprise dealing with the production of components for wood working machines. This engineering company uses the calculation pattern methodology in the comprehensiv...

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Autores principales:	Marek Potkány, Miloš Hitka
Formato:	article
Lenguaje:	EN
Publicado:	University of Zagreb, Faculty of Forestry and Wood Technology 2009
Materias:	calculation costing cost profit contribution margin Forestry SD1-669.5
Acceso en línea:	https://doaj.org/article/3fe93bc875e34c99a51da2cfd51274e0
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id	oai:doaj.org-article:3fe93bc875e34c99a51da2cfd51274e0
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spelling	oai:doaj.org-article:3fe93bc875e34c99a51da2cfd51274e02021-12-02T06:51:08ZUtilization of contribution margin in the costing system in production of components for wood working machines0012-6772https://doaj.org/article/3fe93bc875e34c99a51da2cfd51274e02009-06-01T00:00:00Zhttp://drvnaindustrija.sumfak.hr/pdf//Drv%20Ind%20Vol%2060%202%20Potkany.pdfhttps://doaj.org/toc/0012-6772The aim of this paper is to propose optimization of costing method for planning a production-sales programme of the chosen engineering enterprise dealing with the production of components for wood working machines. This engineering company uses the calculation pattern methodology in the comprehensive cost accounting system. All costs components are absorbed by individual outputs in this cost calculation. The results of this calculation are not available for decision-making tasks. In order to solve the decision tasks relating to output assortment optimization, it is necessary to show separately variable costs influenced by changes in production volume and fixed costs not influenced by changes in production volume. For these reasons we propose a specific application of retrograde costing as a necessary condition for effective system of decision-making on the basis of contribution margin calculation. The contribution margin/standard hour is the criteria for the calculation in a critical place of production and this is very important information for developing an optimal production-sales programme.Marek PotkányMiloš HitkaUniversity of Zagreb, Faculty of Forestry and Wood Technologyarticlecalculationcostingcostprofitcontribution marginForestrySD1-669.5ENDrvna Industrija, Vol 60, Iss 2, Pp 101-110 (2009)
institution	DOAJ
collection	DOAJ
language	EN
topic	calculation costing cost profit contribution margin Forestry SD1-669.5
spellingShingle	calculation costing cost profit contribution margin Forestry SD1-669.5 Marek Potkány Miloš Hitka Utilization of contribution margin in the costing system in production of components for wood working machines
description	The aim of this paper is to propose optimization of costing method for planning a production-sales programme of the chosen engineering enterprise dealing with the production of components for wood working machines. This engineering company uses the calculation pattern methodology in the comprehensive cost accounting system. All costs components are absorbed by individual outputs in this cost calculation. The results of this calculation are not available for decision-making tasks. In order to solve the decision tasks relating to output assortment optimization, it is necessary to show separately variable costs influenced by changes in production volume and fixed costs not influenced by changes in production volume. For these reasons we propose a specific application of retrograde costing as a necessary condition for effective system of decision-making on the basis of contribution margin calculation. The contribution margin/standard hour is the criteria for the calculation in a critical place of production and this is very important information for developing an optimal production-sales programme.
format	article
author	Marek Potkány Miloš Hitka
author_facet	Marek Potkány Miloš Hitka
author_sort	Marek Potkány
title	Utilization of contribution margin in the costing system in production of components for wood working machines
title_short	Utilization of contribution margin in the costing system in production of components for wood working machines
title_full	Utilization of contribution margin in the costing system in production of components for wood working machines
title_fullStr	Utilization of contribution margin in the costing system in production of components for wood working machines
title_full_unstemmed	Utilization of contribution margin in the costing system in production of components for wood working machines
title_sort	utilization of contribution margin in the costing system in production of components for wood working machines
publisher	University of Zagreb, Faculty of Forestry and Wood Technology
publishDate	2009
url	https://doaj.org/article/3fe93bc875e34c99a51da2cfd51274e0
work_keys_str_mv	AT marekpotkany utilizationofcontributionmargininthecostingsysteminproductionofcomponentsforwoodworkingmachines AT miloshitka utilizationofcontributionmargininthecostingsysteminproductionofcomponentsforwoodworkingmachines
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Utilization of contribution margin in the costing system in production of components for wood working machines

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