Standard cost valuation of Julienars Enterprises Inc / by Glaizel D. Purificacion.

By: Contributor(s): Material type: TextTextLanguage: English Publication details: Indang, Cavite : 2014. Cavite State University- Main Campus,Description: xi, 61 pages : illustrations ; 28 cmContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
Subject(s): DDC classification:
  • 338.5  P97 2014
Online resources: Production credits:
  • College of Economics, Management, and Development Studies (CEMDS)
Abstract: PURIFICACION, GLAIZEL DE GUZMAN. Standard Cost Valuation of Julienars Enterprises Inc. Case Study. Bachelor of Science in Business Management, major in Financial Management, October 2014. Cavite State University, Indang, Cavite. Adviser: Prof Cecilia T. Cayao. A case study was conducted for 320 hours at Julienars Enterprise Inc., located at 732 Chrysanthemum St., Rosaflor Subdivision, Tagapo, Sta Rosa, Laguna from November 19, 2013 to January 16, 2014. It aimed to: describe the profile of the firm; identify the costing procedures and examine how the firm set its standard cost; make periodic monthly cost comparison of actual results with standard (or planned) result; determine how standard cost affects the activities of the firm, and; identify problems related to standard cost valuation of the firm and recommend feasible solutions to the problems identified. The standard costing is a system that stands as a controller tool which helps the company to provide a limit for material labor and overhead expenditure. For this study three costs of production were identified, explained and calculated to analyze and improve the efficiency of the company. In sum, the study shows that the standard costing system is widely used and that it is perceived as relevant. However, some areas for improvement of the standard costing system were identified. These include the communication within the organization, current level of production, immediate release of variance report and monitoring of defects.
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Theses / Manuscripts Theses / Manuscripts Ladislao N. Diwa Memorial Library Theses Section Non-fiction 338.5 P97 2014 (Browse shelf(Opens below)) Link to resource Room use only CS-481 00009114

Case Study ( BS Business Management -- Financial Management ) Cavite State University

Includes bibliographical references.

College of Economics, Management, and Development Studies (CEMDS)

PURIFICACION, GLAIZEL DE GUZMAN. Standard Cost Valuation of Julienars Enterprises Inc. Case Study. Bachelor of Science in Business Management, major in Financial Management, October 2014. Cavite State University, Indang, Cavite. Adviser: Prof Cecilia T. Cayao.
A case study was conducted for 320 hours at Julienars Enterprise Inc., located at 732 Chrysanthemum St., Rosaflor Subdivision, Tagapo, Sta Rosa, Laguna from November 19, 2013 to January 16, 2014. It aimed to: describe the profile of the firm; identify the costing procedures and examine how the firm set its standard cost; make periodic monthly cost comparison of actual results with standard (or planned) result; determine how standard cost affects the activities of the firm, and; identify problems related to standard cost valuation of the firm and recommend feasible solutions to the problems identified. The standard costing is a system that stands as a controller tool which helps the company to provide a limit for material labor and overhead expenditure. For this study three costs of production were identified, explained and calculated to analyze and improve the efficiency of the company. In sum, the study shows that the standard costing system is widely used and that it is perceived as relevant. However, some areas for improvement of the standard costing system were identified. These include the communication within the organization, current level of production, immediate release of variance report and monitoring of defects.

Submitted copy to the University Library. 01/30/2015 CS-481

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