Article ID: | iaor1991468 |
Country: | United States |
Volume: | 30 |
Start Page Number: | 19 |
End Page Number: | 23 |
Publication Date: | Mar 1989 |
Journal: | Production and Inventory Management Journal |
Authors: | Ballew Van Bennett, Schlesinger Robert J. |
Historical cost accounting (inventory costing) systems fail to support modern views of factory management. Two-stage product costing and an example of its application at John Deere are described. Strategic costing is explained as a method which permits managers to directly control the cost driver.