The rationale of using standard costing in manufacturing organisations in the Eastern Cape when modern alternatives are available

Title: The rationale of using standard costing in manufacturing organisations in the Eastern Cape when modern alternatives are available
Creator: Januarie, Xavier Sebastian
Subject: Manufacturing industries -- Accounting
Subject: Managerial accounting
Subject: Cost accounting
Date Issued: 2016
Date: 2016
Type: Thesis
Type: Masters
Type: MTech
Identifier: http://hdl.handle.net/10948/6838
Identifier: vital:21153
Description: This paper investigates the rationale of using standard costing in modern manufacturing organisations. Researchers argue that standard costing does not easily fit in with the modern idea of continuous improvement. The benefits and limitations of standard costing and other modern alternative approaches in Eastern Cape manufacturing organisations are examined. Furthermore the factors affecting the accuracy of standards are investigated. Lastly, it is concluded that standard costing is used in Eastern Cape manufacturing organisations and those organisations using standard costing have considered the benefits and limitations.
Format: vii, 99 leaves
Format: pdf
Publisher: Nelson Mandela Metropolitan University
Publisher: Faculty of Business and Economic Sciences
Language: English
Rights: Nelson Mandela Metropolitan University

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