Despite the enormous technical advances in software development coupled with the proliferation of fully integrated software systems, the costing
and cost control modules of these systems are Third World orphans compared to state-of-the-art costing
And it is worth trying because the "profit-and-loss" approach, as I call it, to evaluating patient care is superior to using RUG groups for costing
CVA calculates part volume and area to aid costing
Although the hospital was successful in costing
the services provided to individual patients and groups of patients, it was difficult to use this information for utilization management without comparative data from other hospitals, or without clinical profiles of ideal resource utilization and costs.
To refine or develop an environmental program and select the best costing
methods for an environmental accounting system, develop a process map of the interactions in your company.
This is not a trivial task, as the elements needed to develop a solid client/server costing
model are not well-understood.
Unlike less-specific costing
methods, ABCM measures the costs from each and every activity associated with the manufacturing process.
Reduced budgets, increased accountability requirements, and rapidly changing technological considerations provide even more impetus for developing predictive costing
models to help determine appropriate staffing levels for priority library operations and programs.
Many companies, realizing their diverse products are probably cross-subsidizing each other by sharing costs that are unique to an individual product, are investigating or attempting to upgrade their costing
Example 2: Z purchased land costing
$10 million on which to build a golf course.