The Importance of Cost Behavioral Information to Improve the Efficiency of Factory Management

Authors

  • Rasulova Shakhnoza Khatamovna The second-grade student of master degree in Fergana Politechnical Institute

Keywords:

cost management, cost reduction, cost behavior, cost accounting, cost dynamics, variable costs, fixed costs, management decisions

Abstract

The article provides a critical analysis of the information needs of management in the formation of information for making management decisions while reducing production costs. The problem of correct assessment of current and future costs in order to substantiate the feasibility of the decisions made has been identified. The stages of formation of information on the values of variables and fixed costs associated with the adoption of managerial decisions are highlighted. Analyzed the difficulties arising in predicting future costs.

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Published

2021-12-14

How to Cite

Khatamovna, R. S. (2021). The Importance of Cost Behavioral Information to Improve the Efficiency of Factory Management. Journal of Marketing and Emerging Economics, 1(7), 19–24. Retrieved from https://openaccessjournals.eu/index.php/jmee/article/view/814

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