個案資料

Strategic Cost Analysis is a six-chapter book published by the Business Expert Press and written by Roger Hussey, Dean of Guangzhou International Business School and Professor Emeritus at the University of the West of England, and Audra Ong, Associate Professor at the Odette School of Business at University of Windsor. This book provides tools for managers to understand and interpret financial information as part of their organization's strategic planning and decision-making. The authors say that, regardless of industry or field, all managers must be able to use financial information effectively in their jobs. Through the context of four key questions, the authors explain how to calculate, control, and monitor costs, as well as to integrate cost analysis into organizational decision-making. The book includes examples and practical tips for managers at all levels. Chapter 5, Managerial Decision Making (25 pages), explains costing techniques. The authors look at the impact of fluctuating activity levels on cost and outline three methods to determine total costs. They explain how to put cost management into action through breakeven analysis and Cost Volume Profit analysis. The authors highlight the value of calculating a unit's contribution margin, which is the net amount each unit contributes towards fixed costs and profit, and how to use data to make strategic decisions, such as pricing special orders and selecting the most profitable alternative. They also explore how to use incremental analysis to isolate the relevant costs in a particular decision. The chapter includes insight into the inclusion of non-financial factors as decision criteria and a list of six questions to help managers select techniques for managing costs.

• Cost control
• Finance and investing
• Balanced scorecard
• Activity-based costing
• Cost analysis
• Variance analysis