Cost Control Assignment
- As a production manager, one of your key tasks is to improve efficiencies by either increasing productivity or reducing cost. Determine whether the responsibility reports needed to track performance should be created by department, function, or manager, using a costing method of your choice. Based on the costing method you selected, determine the type of data needed to track and evaluate performance to control costs such as cost per unit, cost per hour, etc. Be specific with your examples.
Please make sure its a paragraph or two long.
The work of creating or generating responsibility reports that are required to track performance should be created by the department. To increase revenue by increasing productivity or reducing costs, it is important to decentralize…