TBU Publications
Repository of TBU Publications

Perception of cost behaviour in industrial firms with emphasis on logistics and its costs

DSpace Repository

Show simple item record


dc.title Perception of cost behaviour in industrial firms with emphasis on logistics and its costs en
dc.contributor.author Novák, Petr
dc.contributor.author Hrušecká, Denisa
dc.contributor.author Macurová, Lucie
dc.relation.ispartof FME Transactions
dc.identifier.issn 1451-2092 Scopus Sources, Sherpa/RoMEO, JCR
dc.date.issued 2018
utb.relation.volume 46
utb.relation.issue 4
dc.citation.spage 658
dc.citation.epage 667
dc.type article
dc.language.iso en
dc.publisher Belgrade University
dc.identifier.doi 10.5937/fmet1804658N
dc.relation.uri http://www.mas.bg.ac.rs/istrazivanje/fme/start
dc.relation.uri http://www.mas.bg.ac.rs/_media/istrazivanje/fme/vol46/4/29_p_novak_et_al.pdf
dc.subject Logistic en
dc.subject cost of logistics en
dc.subject cost behaviour en
dc.subject overheads en
dc.subject asymmetric cost en
dc.subject costing system en
dc.description.abstract Results are presented from quantitative research as part of a project on cost variability and cost management systems. The main objective was to analyze principal findings stemming from determining perception of cost behaviour in practice of industrial firms. Special attention was paid to selected cost groups, especially logistics costs. The main part presents results verified through statistical inspection of dependence relations. Key discoveries comprise significant drawbacks for manufacturing enterprises and reservations they hold about overhead cost management. Additionally, it was found that the share of overheads remained relatively high. Furthermore, confirmation was made on the close differences between company size and diligence paid to managing variable and fixed costs. It was also confirmed that senior executives were uninformed about asymmetric cost behaviours or the influence of factors beyond production capacity. Logistics costs were identified from the perspective of the cost behaviour problem. Crucial findings are discussed in the final part of the paper. © 2018, Faculty of Mechanical Engineering, Belgrade. en
utb.faculty Faculty of Management and Economics
dc.identifier.uri http://hdl.handle.net/10563/1008101
utb.identifier.obdid 43878430
utb.identifier.scopus 2-s2.0-85049476156
utb.identifier.wok 000437024500029
utb.source j-scopus
dc.date.accessioned 2018-08-03T12:49:40Z
dc.date.available 2018-08-03T12:49:40Z
dc.description.sponsorship project "Variability of Cost Groups and Its Projection in the Costing Systems of Manufacturing Enterprises" registered at the Czech Science Foundation [GA 14-21654P/P403]
dc.rights Ауторство-Некомерцијално-Без прерада 3.0 Србија
dc.rights.uri https://creativecommons.org/licenses/by-nc-nd/3.0/rs/
dc.rights.access openAccess
utb.contributor.internalauthor Novák, Petr
utb.contributor.internalauthor Hrušecká, Denisa
utb.contributor.internalauthor Macurová, Lucie
utb.fulltext.affiliation P. Novák Assistant Professor Tomas Bata University in Zlín Faculty of Management and Economics Czech Republic D. Hrušecká Assistant Professor Tomas Bata University in Zlín Faculty of Management and Economics Czech Republic L. Macurová Assistant Professor Tomas Bata University in Zlín Faculty of Management and Economics Czech Republic Correspondence to: Petr Novák, Ph.D., Faculty of Management and Economics, Tomas Bata University in Zlín, Zlín, Czech Republic. E-mail: pnovak@fame.utb.cz
utb.fulltext.dates Received: June 2017, Accepted: May 2018
utb.fulltext.references [1] Maher, M.W., Stickney, C.P. and Weil, R.L. Manangerial Accounting: An Introduction to Concepts, Methods and Uses. (10th ed.). Manson: Thomson Higher Education, 2008. [2] Shim, J.K., Siegel, J.G. Budgeting basics and beyond. 3rd ed. Hoboken, N.J.: John Wiley & Sons, 2009. [3] Garrison, R.H., Noreen, E.W. and Brewer, P.C. Managerial Accounting, New York: McGraw/Irwin, 2010. [4] Drury, C. Management and Cost Accounting, Eighth Edition, Thomson Learning, 2012. [5] Hansen, Don R. and Mowen, M.M.. Cornerstones of Cost Management. (3th ed.). Mason, OH: Cengage Learning, 2015. [6] Nimocks, S.P., Rosiello, R.L., Wright, O. Managing overhead costs. McKinsey Quarterly, Vol. 41, No. 2, pp. 106-117, 2005. [7] Wileman, A. Driving down costs – How to manage and cut costs intelligently. London: Nicholas Brealey, 2008. [8] Hansen, Don R., Mowen, M.M. and Guan, L. Cost management: accounting & control. 6th ed. Mason: South-Western, 2009. [9] Sharman, P.A. The case for management accounting. Strategic Finance, Vol.85, No. 4, pp 42-47, 2003. [10] Rajnoha, R., Dobrovič, J. Simultaneous management of economics and busineess processes by Added value knowldge. E&M Economics and Management, Vol. 14, No. 1, pp. 53-69, 2011. [11] Hilton, R.W., Maher, M.W. and Selto, F.H. Cost Management: Strategies for Business Decisions, New York: McGraw-Hill, Inc., 2008. [12] Bhattacharyya, A.K. Principles and practice of cost accounting. 3rd ed. New-Delhi: Prentice-Hall of India, 2006. [13] Lanen, W.N., Shannon W.S. and Maher, M.W. Fundamental of Cost Accounting (3rd ed.). New York: McGraw Hill, 2011. [14] Banker, R. D. and Byzalov, D. Asymmetric Cost Behavior. Journal of Management Accounting Research. Vol. 26, No. 2, pp. 43-79, 2014. [15] Noreen, E. and Sonderstrom, N. The Accuracy of Proportional Cost Models: Evidence from Hospital Service Departments. Review of Accounting Studies, no. 2, pp. 89–114, 1997. [16] Weil, R. L. and Maher, M. Handbook of cost management. 2nd ed. Hoboken, NJ: Wiley, 2005. [17] Balakrishnan, R. et al.: Managerial Accounting. Hoboken, NJ: John Wiley & Sons, 2008 [18] Kalapur, S., Eldenburg, L. Uncertainty, Real Options, and Cost Behavior: Evidence from Washington State Hospitals. Journal of Accounting Research, Vol. 43, No. 5, pp. 735-752, 2005. [19] Krajnc, J., Logožar, K. and Korošec, B. Activity-Based Costing Management of Logistic Costs in a Manufacturing Company. Traffic Management. Vol. 24, No. 1, pp. 15-24, 2012. [20] Anderson, M., Banker, R. and Janakiraman, S. Are selling, general, and administrative costs "sticky"? Journal of Accounting Research, Vol.41, No. 1, pp. 47–63, 2003. [21] Anderson, S. W., Lanen, W.N. Understanding cost management: What can we learn from the empirical evidence on sticky costs? Working paper, Rice University and University of Michigan. 2009. http://dx.doi.org/10.2139/ssrn.975135. [22] Via, N. D. and Perego, P. Sticky cost behavior: evidence from small and medium sized companies.
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 Systems of Manufacturing Enterprises” registered at the Czech Science Foundation.
utb.scopus.affiliation Tomas Bata University in Zlín, Faculty of Management and Economics, Czech Republic
utb.fulltext.projects GA 14-21654P/P403
Find Full text

Files in this item

Show simple item record

Ауторство-Некомерцијално-Без прерада 3.0 Србија Except where otherwise noted, this item's license is described as Ауторство-Некомерцијално-Без прерада 3.0 Србија