Modern Product Costing Technique in the Age of Competition

Modern Product Costing Technique in the Age of Competition

Author: Romeo G. Manalo

Publisher: eBookIt.com

Published: 2011-03-24

Total Pages: 64

ISBN-13: 1456601539

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This book addresses an important issue -- the nature of and evidence for success in the transfer costing of internal services or shared services or products within a company. The case of activity-based costing (ABC) is used to explore how the proponents have developed a framework linking Quality, Cost and Delivery (QCD) components of products and services.The QCD performance indices, which are the natural properties of products and services, will form part of the Service Level Agreements between the internal service providers (Shared Services Centers) and internal customers (Profit Centers) of the company. This framework optimizes the use of overhead expenses to the end products of the company.This book also discusses the various cost components of the products and services using the full absorption costing principle. It is a revolutionary idea in the sense that all activity costs are considered variable costs and product costs come from activity costs using various cost drivers.The Principal Component Analysis (PCA), the multi-variate statistical tool, is applied using SPSS to analyze which independent variables contribute significantly to the Product Unit Price (PUP) and which should be given more emphasis in decision making process.


Active and Healthy Aging and Quality of Life: Interventions and Outlook for the Future

Active and Healthy Aging and Quality of Life: Interventions and Outlook for the Future

Author: Yulan Lin

Publisher: Frontiers Media SA

Published: 2024-04-15

Total Pages: 609

ISBN-13: 2832542751

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The continuous growth of older adult populations, as a consequence of demographic changes, is a huge challenge. To prevent costly and negative impacts effects on the population as a whole, it is crucial that societies increase their knowledge of promoting good health among older adults, to promote good health and a better quality of life in their later years. Active aging is the process of optimizing opportunities for health, participation, and security in order to enhance quality of life as people age. An active and healthy life has remained one of the most important aspirations for all people, both young and older adults alike. This ambition has become a genuine possibility for many due to a rising life expectancy among people of diverse attributes across the world. While celebrating longer life and with more financial security in later life than ever before, we need to challenge how these aspirations can be sustained, through our own behavioural responses and through public policy, institutional reforms, and innovations. The challenge is to identify, recommend, and promote strategies and interventions that stimulate and sustain the activity, independence, and health of people of all ages, especially older adults and, in the process, promote the well-being and quality of life of people and make public welfare systems more sustainable.