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Cost Management: A Strategic Emphasis 5th Edition by David Stout, Edward Blocher, Gary Cokins
Edition 5ISBN: 0073526940Cost Management: A Strategic Emphasis 5th Edition by David Stout, Edward Blocher, Gary Cokins
Edition 5ISBN: 0073526940 Exercise 20
Explain the difference between the engineered-cost and discretionary-cost approaches to evaluating support departments.
Step-by-step solution
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Discretionary Cost Approach:
It uses uncontrollable cost for which discretion is needed at planning stage and has planning focus due to input oriented approach.
Engineered Cost Approach:
It uses largely controllable cost with behavior variable. It has evaluation focus due to output oriented approach.
Input Oriented Approach:
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Cost Management: A Strategic Emphasis 5th Edition by David Stout, Edward Blocher, Gary Cokins
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