Год выпуска: 2014 Автор: Adil Salam,Nadia Bhuiyan and Fantahun Melaku Defersha Издательство: Scholars' Press Страниц: 180 ISBN: 9783639716818
Описание
Aerospace is very important to the Canadian economy, with over 80,000 employees; generating over $20 billion dollars in revenue. However, with the economic downturn, sales have been decreasing. Competition is growing with emerging countries entering the market, companies are struggling to stay competitive, and they are adopting various practices to deliver value to their customers. The principles of lean manufacturing strive to do just that, and while enjoying much success in production environments, lean principles have been found to be applicable in other areas of the enterprise, including accounting. This study presents the notion of target costing for new products. In comparison to traditional costing of products, where the desired profit is added to the cost required to develop the product, target costing is ‘lean’ in the sense that it puts the focus on creating value for the customer by setting the price of the product based on the cost. In this book, various types of target...
