We propose a generalized, practitioner-oriented operating-leverage model for predicting operating income using net sales, cost of sales, depreciation, and SG&A. Prior research links operating income directly to these items; hence, our model includes all aggregate revenues and expenses that...

The use of the cost of managing the economic entities by managers is an action of primary interest. Given the current economy, marked by globalization and increasing competition through the use of modern technologies, knowledge of management techniques through the use of cost information is a...

The use of the cost of managing the economic entities by managers is an action of primary interest. Given the current economy, marked by globalization and increasing competition through the use of modern technologies, knowledge of management techniques through the use of cost information is a...

We show theoretically that variable production costs lower systematic risk of firms' cash flows if capital and variable inputs are complementary in firms’ production and input prices are sufficiently pro-cyclical. In our dynamic model, this operating hedge effect is weaker for more profitable...

Why do residential mortgages carry a fixed or an adjustable interest rate? To answer this question we study unique data from 103 banks belonging to 73 different banking groups across twelve countries in the euro area. To explain the large cross-country and time variations observed, we...

Why do residential mortgages carry a fixed or an adjustable interest rate? To answer this question we study unique data from 103 banks belonging to 73 different banking groups across twelve countries in the euro area. To explain the large cross-country and time variation observed, we distinguish...

In many countries, a sizable share of international trade is carried out by intermediaries. While large firms tend to export to foreign markets directly, smaller firms typically export via intermediaries (indirect exporting). I document a set of facts that characterize the dynamic nature of...

We show theoretically that variable production costs lower systematic risk of firms' cash flows if capital and variable inputs are complementary in firms' production and input prices are pro-cyclical. In our dynamic model, this operating hedge effect is weaker for more profitable firms, giving...

In market relations, the production, storage, transport and transaction processes are being modified. Competitive economy, in particular, requires the integration in a transport chain, in a more efficient system, in wich the reduction of cost tends to the more efficient operation of road transport.

Horseradish is grown from antiquity for medical purposes. Use of horseradish in the food began in the Middle Ages, in Europe. Emigration of Europeans on the North American continent have led to growing horseradish for commercial purposes, and today being a profitable business for some countries...

This study contributes new empirical evidence on the gender difference in access to extension services in Ethiopia and how this translates to observed differences in technology adoption and agricultural productivity. Our results suggest that female house-hold heads and plot managers are less...

The main aim of this paper is to analyze the yield (t/ha) and the production costs of white (polarized) sugar and sugar beet in the main European producer countries in order to identify main development trends. The partial objectives of this study are: to analyse the production costs (variable...

Environmental conditions significantly influence agricultural production, i.e. they are one of the main factors that affect its efficiency. Continuous monitoring of economic results makes it possible to identify the basic elements of revenues and expenditures in production of major agricultural...

The economic development of the European countries in the second half of the XXth century, and also the increase of commercial international exchanges, generated the transportation development in general, and especially the road transportation. The road transports knew an ascendant evolution due...

The aim of this study was to determine the production costs of 1249 litters weaned (matingweaning) on small scale pig farms in different regions of highlands in Mexico during one year (July 2010 to June 2011). Three strata were defined according to the number of sows: Stratum I, 5-10 (n = 8)...

Рассмотрены проблемы методических основ управленческого учета производственных затрат в информационном обеспечении бюджетирования, не только на уровне...

In this paper the microeconomic cost theories are presented as a basic solution for company management in crisis situations. Though the crisis management must be in compliance with accounting legislation. The present accounting methodologies are practiced for last twenty years so they can be...

The purpose of the article is to present a way of organizing the management accounting so that it should admit calculation cost for each formed cost center and finally, to determine the obtained result by comparing costs with achieved revenues. From the current way of collecting costs analysis,...

The definition of the cost of production as applied to inventories refers to the acquisition and production cost, and its determination involves many considerations. This article emphasizes a comparative approach of the calculation of production cost under direct costing and absorption costing,...

In practice and in economic theory is increasingly accepted the belief that the masters of costs have the biggest opportunities to win the global competition for supremacy. In essence, the progress of any kind should determine the achievement of economic goods with the lowest costs. The basic...

The purpose of the paper is to provide a simple model explaining buyer-supplier relationships and show what factors determine the number of trading partners. We show that when the supplier is able to determine the number of trading partners, the optimal number is small if the supplier's...

The purpose of the paper is to provide a simple model explaining buyer-supplier relationships and show what factors determine the number of trading partners. We show that when the supplier is able to determine the number of trading partners, the optimal number is small if the supplier's...

Traditional models of the labor market assume fixed firing costs. This paper explores the implications of variable firing costs, building this new assumption into a matching model with endogenous job destruction. The available evidence on the outcomes of cases brought to labor courts suggests...

В данной статье рассмотрен пример управления затратами фармдистрибутора ЦВ Протек. Выделены критерии рациональности затрат. Также описана система учета затрат...

Recent trend depicts that tomatoes and tomatoes products rank 2nd most important vegetable crop in the United States after potatoes and potatoes products contributing 20 percent of total vegetable production. More-so, tomato is equally ranked 2nd in the United States in terms of production...

This paper treats the methodology used in the product unit diagnostic analysis by entities where products are obtained in several subordinated entities with management autonomy. It also presents the relations based on which overall effects of the structural changes on cost per product unit are...

The production and the selling costs’ level represents in business management the inferior limit of the prices. Nobody can establish the prices in an efficient way without a prior understanding of the costs. The cost’s understanding is probably the most challenging aspect of establishing the...

This article describes the variable costs method and its adaptation possibilities to the Romanian general accounting plan. There are described the three variants of the variable costs method and presented the methodological stages that are passing through managerial accounting using the 9th...

This paper analyzes firms' choices regarding the geographic scope of patent protection within the European patent system. We develop an econometric model at the patent level to quantify the impact of office fees and translation costs on firms' decision to validate a patent in a particular...

Within the branch of horticultural production, vegetable forcing can play a very significant role in the future employment of the rural labour force, due to its less seasonal employment and high workforce demand. Taking the ecological endowments of Hungary into consideration the farms of the...

The cost absorbs all the expenses of production for a company at acertain level of the activity. For eliminating the influence of the fixed costs’sabsorbtion and for a better supervision of other causes of digressions, the managerscan apply the method of rational imputation of the fixed costs....

In this paper, Glowworm swarm optimisation (GSO) is proposed to solve nonlinear fixed charge transportation problem (NLFCTP) in a single stage supply chain network. In a fixed charge transportation problem, fixed cost is incurred for every route, along with the variable cost that is proportional...

An assumption made in traditional cost accounting books is that variable costs move proportionately with revenues. Recent studies on sticky costs challenged this assumption. This study shows that sticky costs were observed in banks of Argentina, Brazil and Canada in 2004-2009. Total costs are...