Costing And Cost Control

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Food, Labor, and Beverage Cost Control

Author : Edward E. Sanders
Publisher : Waveland Press
ISBN 13 : 1478645679
Total Pages : 349 pages
Book Rating : 4.4/5 (786 download)

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Book Synopsis Food, Labor, and Beverage Cost Control by : Edward E. Sanders

Download or read book Food, Labor, and Beverage Cost Control written by Edward E. Sanders and published by Waveland Press. This book was released on 2020-06-01 with total page 349 pages. Available in PDF, EPUB and Kindle. Book excerpt: Thorough coverage of food and beverage cost control strategies that can be taken from the classroom to the workplace! The material presented in this book represents a thorough coverage of the most essential cost-control categories. There are 14 chapters within the six cost-analysis sections of the Operating Cycle of Control. The sections flow in a logical sequence that presents a path for understanding cost control from menu concept to financial reporting. The six cost-analysis sections are self-contained, so that the reader (student) can go to any section for specific cost-control procedures. Therefore, the book can be taken from the classroom to the workplace. New to this edition: • Clearly defined chapter learning objectives with end-of-chapter discussion questions that can assess readers (students) level of comprehension. • Project exercises following each chapter that are designed to test applied knowledge. • Restaurant Reality Stories that reflect upon what often occurs in restaurant businesses are appropriately placed within each of the 6 sections of the Operating Cycle of Control. • Mobile foodservice (food trucks and trailers) is presented in the Appendix—Restaurant Case and concludes with a project exercise to create a food-truck menu, as well as operational and marketing plans for a mobile foodservice as an additional business revenue source for the existing three-tiered restaurant operation case. • Key Cost and Analysis Formulas (Quick Reference)

Food and Beverage Cost Control

Author : Lea R. Dopson
Publisher : John Wiley & Sons
ISBN 13 : 1119524997
Total Pages : 469 pages
Book Rating : 4.1/5 (195 download)

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Book Synopsis Food and Beverage Cost Control by : Lea R. Dopson

Download or read book Food and Beverage Cost Control written by Lea R. Dopson and published by John Wiley & Sons. This book was released on 2019-09-04 with total page 469 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professional foodservice managers are faced with a wide array of challenges on a daily basis. Controlling costs, setting budgets, and pricing goods are essential for success in any hospitality or culinary business. Food and Beverage Cost Control provides the tools required to maintain sales and cost histories, develop systems for monitoring current activities, and forecast future costs. This detailed yet reader-friendly guide helps students and professionals alike understand and apply practical techniques to effectively manage food and beverage costs. Now in its seventh edition, this extensively revised and updated book examines the entire cycle of cost control, including purchasing, production, sales analysis, product costing, food cost formulas, and much more. Each chapter presents complex ideas in a clear, easy-to-understand style. Micro-case studies present students with real-world scenarios and problems, while step-by-step numerical examples highlight the arithmetic necessary to understand cost control-related concepts. Covering everything from food sanitation to service methods, this practical guide helps readers enhance their knowledge of the hospitality management industry and increase their professional self-confidence.

Controllership

Author : Steven M. Bragg
Publisher : John Wiley & Sons
ISBN 13 : 0470507810
Total Pages : 852 pages
Book Rating : 4.4/5 (75 download)

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Book Synopsis Controllership by : Steven M. Bragg

Download or read book Controllership written by Steven M. Bragg and published by John Wiley & Sons. This book was released on 2009-08-06 with total page 852 pages. Available in PDF, EPUB and Kindle. Book excerpt: Today's controllers are no longer seen as technicians who process transactions; they are now seen as business executives with a wide-ranging knowledge of total business operations, best practices, and corporate strategy. Providing a comprehensive overview of the roles and responsibilities of controllers in today's environment, this Eighth Edition of Controllership continues to provide controllers and vice presidents of finance with all aspects of management accounting from the controller's perspective, including internal control, profit planning, cost control, inventory, and financial disclosure.

Project Cost Control in Construction

Author : R. Pilcher
Publisher : Wiley-Blackwell
ISBN 13 : 9780632036370
Total Pages : 400 pages
Book Rating : 4.0/5 (363 download)

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Book Synopsis Project Cost Control in Construction by : R. Pilcher

Download or read book Project Cost Control in Construction written by R. Pilcher and published by Wiley-Blackwell. This book was released on 1994-08-15 with total page 400 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines a range of aspects concerning cost control, from financial feasibility studies, through the design, to cost control of the work on site. It considers all of these from the viewpoint of both owner/developer and contractor. The new edition has been updated to include a new chapter on financial control, and further material on data collection, site costing and cost control. Additional examples have also been added.

Foundations of Cost Control

Author : Daniel Traster
Publisher : Pearson Education
ISBN 13 : 9780132156554
Total Pages : 0 pages
Book Rating : 4.1/5 (565 download)

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Book Synopsis Foundations of Cost Control by : Daniel Traster

Download or read book Foundations of Cost Control written by Daniel Traster and published by Pearson Education. This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the eBook of the printed book and may not include any media, website access codes, or print supplements that may come packaged with the bound book. Cost Control: A Fundamental Approach will inspire you to learn cost control as an essential skill for any future chef or foodservice manager. The text begins by helping you master key culinary math basics, making subsequent cost control equations easier to understand and compute. Balancing real-world industry challenges with cost control theory, the text covers topics such as recipe costing and sales price determination, purchasing and sto.

Target Costing and Value Engineering

Author : Robin Cooper
Publisher : Routledge
ISBN 13 : 1351411764
Total Pages : 232 pages
Book Rating : 4.3/5 (514 download)

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Book Synopsis Target Costing and Value Engineering by : Robin Cooper

Download or read book Target Costing and Value Engineering written by Robin Cooper and published by Routledge. This book was released on 2017-10-19 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: What would happen if everyone in your company followed a disciplined approach to cost reduction? Go ahead -- imagine it. What would it look like? How can it be done? The answer -- smart cost management. Effective cost management must start at the design stage. As much as 90-95% of a product's costs are added in the design process. That is why effective cost management programs focus on design and manufacturing. The primary cost management method to control cost during design is a combination of target costing and value engineering. Target Costing Objectives: Identify the cost at which your product must be manufactured at if it is to earn its profit margin at its expected target selling price. Break the target cost down to its component level and have your suppliers find ways to deliver the components they sell you at the set target prices while still making adequate returns. Value Engineering: The connection to function: An organized effort and team based approach to analyze the functions of goods and services that the design stage, and find ways to achieve those functions in a manner that allows the firm to meet its target costs. The result: Added value for your company (development costs on-line with added value for your company; development costs on-line with selling prices) and added value for your customer (higher quality products that meet, possibly even exceed, customer expectations.)

The Menu and the Cycle of Cost Control

Author : Susan Desmond Marshall
Publisher :
ISBN 13 : 9781465254672
Total Pages : pages
Book Rating : 4.2/5 (546 download)

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Book Synopsis The Menu and the Cycle of Cost Control by : Susan Desmond Marshall

Download or read book The Menu and the Cycle of Cost Control written by Susan Desmond Marshall and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Cost Management

Author : Edward Blocher
Publisher : McGraw-Hill Medical Publishing
ISBN 13 : 9780071267489
Total Pages : 961 pages
Book Rating : 4.2/5 (674 download)

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Book Synopsis Cost Management by : Edward Blocher

Download or read book Cost Management written by Edward Blocher and published by McGraw-Hill Medical Publishing. This book was released on 2010 with total page 961 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers the strategic management topics in cost accounting. This title helps students to understand about the management and the role of cost accounting in helping an organization succeed. It addresses issues such as: How does a firm compete? and What type of cost management information is needed for a firm to succeed?

Strategic Cost Transformation

Author : Reginald Tomas Lee
Publisher : Business Expert Press
ISBN 13 : 1631578804
Total Pages : 213 pages
Book Rating : 4.6/5 (315 download)

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Book Synopsis Strategic Cost Transformation by : Reginald Tomas Lee

Download or read book Strategic Cost Transformation written by Reginald Tomas Lee and published by Business Expert Press. This book was released on 2018-12-06 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making. Your product costs $2.86 to make. What does the number tell you about your operations, how effectively they were run, demand, or how much money you spent on capacity? Nothing. Shouldn’t you know? Accounting information creates a limited picture of operations and true cash performance. Strategic Cost Transformation offers a new framework, business domain management, which creates a comprehensive picture of your organization for improved cash based decision-making.

Building Economics

Author : Ivor H. Seeley
Publisher :
ISBN 13 : 9780333350386
Total Pages : 304 pages
Book Rating : 4.3/5 (53 download)

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Book Synopsis Building Economics by : Ivor H. Seeley

Download or read book Building Economics written by Ivor H. Seeley and published by . This book was released on 1983 with total page 304 pages. Available in PDF, EPUB and Kindle. Book excerpt:

CSR and Management Accounting Challenges in a Time of Global Crises

Author : Oncioiu, Ionica
Publisher : IGI Global
ISBN 13 : 1799880710
Total Pages : 278 pages
Book Rating : 4.7/5 (998 download)

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Book Synopsis CSR and Management Accounting Challenges in a Time of Global Crises by : Oncioiu, Ionica

Download or read book CSR and Management Accounting Challenges in a Time of Global Crises written by Oncioiu, Ionica and published by IGI Global. This book was released on 2021-06-25 with total page 278 pages. Available in PDF, EPUB and Kindle. Book excerpt: Modern companies are subject to increasing pressures to conduct their business in an environmentally responsible manner due to social and environmental problems. Management of sustainable performance is one of the phenomena faced by the current business environment and, in particular, management corporations. The focus of management on profitability remains the main objective of any company, but it must also take into account the sustainability of social, economic, and environmental aspects. Under these circumstances, managerial decisions need to be adjusted and strongly substantiated, considering the information required by internal and external stakeholders, including financial reporting. The information requirements of customers and other stakeholders are steadily increasing, and some companies face certain problems in implementing the concept of sustainability and environmental reporting. CSR and Management Accounting Challenges in a Time of Global Crises is a comprehensive reference source that explores various theoretical and practical approaches of management accounting and its impact in the 21st century and investigates new accounting and financial approaches where economic and social aspects become mutually supportive to enhance their impact on community development. Covering topics such as CSR reporting, sustainability, and greenwashing, this book is an essential resource for academicians, specialty organizations, chief financial officers (CFOs), financial controllers, business analysts, financial planning and analysis (FP&A) analysts, budgeting managers, students, researchers, and business environment managers and specialists.

Practice Standard for Project Estimating - Second Edition

Author : Project Management Institute
Publisher : Project Management Institute
ISBN 13 : 1628256435
Total Pages : 231 pages
Book Rating : 4.6/5 (282 download)

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Book Synopsis Practice Standard for Project Estimating - Second Edition by : Project Management Institute

Download or read book Practice Standard for Project Estimating - Second Edition written by Project Management Institute and published by Project Management Institute. This book was released on 2020-04-24 with total page 231 pages. Available in PDF, EPUB and Kindle. Book excerpt: Project estimating plays a vital role in project management. Typically completed in the initial planning stages, accurate project estimation can be a difficult task. Organizations and project managers should use these initial estimates to baseline the project schedule and cost, then refine these estimates as the project develops. Accurate estimation and refinement of the estimates leads to better and earlier decision making, thus maximizing value.Developed within the framework of A Guide to the Project Management Body of Knowledge (PMBOK&® Guide) &– Sixth Edition and other PMI standards, the Practice Standard for Project Estimating &– Second Edition focuses on providing models for the project management profession in both plan-driven and change-driven adaptive (agile) life cycles. This practice standard describes the aspects of project estimating that are recognized as good practice on most projects most of the time and that are widely recognized and consistently applied.PMI practice standards describe processes, activities, constraints, inputs, and outputs for specific discipline subject areas and are targeted to all practitioners within projectized organizations, not just project managers.

Costing for the Service Industry

Author : Veda Malagatti
Publisher : Cambridge Scholars Publishing
ISBN 13 : 1527557952
Total Pages : 170 pages
Book Rating : 4.5/5 (275 download)

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Book Synopsis Costing for the Service Industry by : Veda Malagatti

Download or read book Costing for the Service Industry written by Veda Malagatti and published by Cambridge Scholars Publishing. This book was released on 2020-08-11 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: A significant and innovative feature of this textbook is its detailed insights into the use of costing methodology for practical implications. It will serve to foster the reader’s analytical and critical thinking skills, and it highlights both traditional and the most current practices of costing methodology using real examples drawn from the service industry. Its methodological focus will allow the reader to understand the introduction of relevant costs, their functions and their behavior towards uses and limitations of cost allocations.

Budgeting Basics and Beyond

Author : Jae K. Shim
Publisher : John Wiley & Sons
ISBN 13 : 0470454350
Total Pages : 450 pages
Book Rating : 4.4/5 (74 download)

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Book Synopsis Budgeting Basics and Beyond by : Jae K. Shim

Download or read book Budgeting Basics and Beyond written by Jae K. Shim and published by John Wiley & Sons. This book was released on 2008-12-03 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: If the very thought of budgets pushes your sanity over the limit, then this practical, easy-to-use guide is just what you need. Budgeting Basics and Beyond, Third Edition equips you with an all-in-one resource guaranteed to make the budgeting process easier, less stressful, and more effective. Written by Jae Shim and Joel Siegel, the new edition covers Balanced Scorecard, budgeting for nonprofit organizations, business simulations for executive and management training, and much more!

Controller's Guide to Costing

Author : Steven M. Bragg
Publisher : Wiley
ISBN 13 : 9780471713944
Total Pages : 0 pages
Book Rating : 4.7/5 (139 download)

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Book Synopsis Controller's Guide to Costing by : Steven M. Bragg

Download or read book Controller's Guide to Costing written by Steven M. Bragg and published by Wiley. This book was released on 2005-02-07 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Controller's Guide to Costing is a comprehensive source for all issues related to cost accounting, detailing aspects of creating costing systems, how cost accounting systems work, interpreting the results, and how the resulting information can be used, including: Provides an overview of various costing methodologies. Written in easy to understand language—from one controller to another. Includes information on application, implementation, reporting, problems that can arise, and example case studies.

Cost Management in Supply Chains

Author : Stefan Seuring
Publisher : Springer Science & Business Media
ISBN 13 : 3662113775
Total Pages : 430 pages
Book Rating : 4.6/5 (621 download)

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Book Synopsis Cost Management in Supply Chains by : Stefan Seuring

Download or read book Cost Management in Supply Chains written by Stefan Seuring and published by Springer Science & Business Media. This book was released on 2013-03-09 with total page 430 pages. Available in PDF, EPUB and Kindle. Book excerpt: Supply Chain Management and Cost Management are important developments helping companies to respond to increased global competition and demanding customer needs. Within the 23 chapters of the book, more than 35 authors provide insights into new concepts for cost control in supply chains. The frameworks presented are illustrated with case studies from the automotive, textile, white goods, and transportation industry as well as from retailing. Academics will benefit from the wide range of approaches presented, while practitioners will learn from the examples how their own company and the supply chains which they compete in, can be brought to lower costs and better performance.

Costing Systems

Author : Eva Labro
Publisher : Foundations and Trends(r) in A
ISBN 13 : 9781680835687
Total Pages : 156 pages
Book Rating : 4.8/5 (356 download)

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Book Synopsis Costing Systems by : Eva Labro

Download or read book Costing Systems written by Eva Labro and published by Foundations and Trends(r) in A. This book was released on 2019-04-24 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Costing Systems provides a structured overview of costing system research to explain the co-existence of different costing practices. This body of research has come to prescriptive conclusions, which will of be valuable and insightful to practitioners designing costing systems and managers using reported cost data. The monograph is structured around four primary purposes of cost measurement: decision-making, cost management, inventory valuation for financial and tax accounting, and control and performance measurement. Part 1 of the monograph relates to the production or supply choices made by costing system designers. Part 2 moves onto the demand side for cost information. This monograph aims to be useful both to novices in the costing field who are searching for a primer on this literature as well as for people familiar with the literature who are interested in a structured overview and thoughts on where future research avenues may lead.