Comparison of managerial implications for utilization of variable costing and throughput accounting methods

Novák, Petr; Papadaki, Šárka; Hrabec, Dušan; Popesko, Boris

dc.title	Comparison of managerial implications for utilization of variable costing and throughput accounting methods	en
dc.contributor.author	Novák, Petr
dc.contributor.author	Papadaki, Šárka
dc.contributor.author	Hrabec, Dušan
dc.contributor.author	Popesko, Boris
dc.relation.ispartof	Journal of Applied Engineering Science
dc.identifier.issn	1451-4117 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued	2016
utb.relation.volume	14
utb.relation.issue	3
dc.citation.spage	351
dc.citation.epage	360
dc.type	article
dc.language.iso	en
dc.publisher	Institut za Istrazivanja
dc.identifier.doi	10.5937/jaes14-10895
dc.subject	Cost behavior	en
dc.subject	Cost variability	en
dc.subject	Throughput accounting	en
dc.subject	TOC	en
dc.subject	Variable costing	en
dc.description.abstract	The aim of the paper is to compare the principles, information outputs and consequent managerial implications of the variable costing method and throughput accounting, according to their different perceptions of cost variability. These two approaches could give rise to various product mix decisions and findings relating to effect on profitability. The paper also provides a practical example of limitations experienced on two production lines for certain items. Comparison is made between these two approaches as to which elicits a relevant decision on production mix. Both the variable costing method and throughput accounting represent very similar methods based on variable costs that do not reflect fixed costs. Variable costing methods examine costs that change in accordance with volume of output. On the contrary, throughput accounting merely acknowledges total variable costs, and focuses on limitations which exist in a given company. © 2016, Institut za Istrazivanja. All rights reserved.	en
utb.faculty	Faculty of Management and Economics
dc.identifier.uri	http://hdl.handle.net/10563/1006820
utb.identifier.obdid	43875163
utb.identifier.scopus	2-s2.0-84994676914
utb.source	j-scopus
dc.date.accessioned	2017-02-28T15:11:29Z
dc.date.available	2017-02-28T15:11:29Z
dc.description.sponsorship	GACR, Grantová Agentura České Republiky
dc.rights	Attribution-NonCommercial-NoDerivs 4.0 International
dc.rights.uri	https://creativecommons.org/licenses/by-nc-nd/4.0/
dc.rights.access	openAccess
utb.contributor.internalauthor	Novák, Petr
utb.contributor.internalauthor	Papadaki, Šárka
utb.contributor.internalauthor	Hrabec, Dušan
utb.contributor.internalauthor	Popesko, Boris
utb.fulltext.affiliation	Novak Petr* Tomas Bata University in Zlín, Faculty of Management and Economics, Zlín, Czech Republic Papadaki Šarka, Tomas Bata University in Zlín, Faculty of Management and Economics, Zlín, Czech Republic Hrabec Dušan, Tomas Bata University in Zlín, Faculty of Management and Economics, Zlín, Czech Republic Popesko Boris, Tomas Bata University in Zlín, Faculty of Management and Economics, Zlín, Czech Republic
utb.fulltext.dates	Paper sent to revision: 09.05.2016. Paper ready for publication: 13.09.2016.
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utb.fulltext.sponsorship	This paper is one of the research outputs of the project GA 14-21654P/P403 “Variability of cost groups and its projection in the costing system in manufacturing enterprises” registered at the Czech Science Foundation.