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Essay / Research Paper Abstract
This 9 page paper looks at the use of job costing. The paper uses the example of a real company; Australian company Creative Business Outcomes. The paper starts with a brief outline to the company and the industry in which it operates. The majority of the paper looks at the way job costing can be used and the benefits it offers. The bibliography cites 6 sources.
Page Count:
9 pages (~225 words per page)
File: TS14_TEjcosting.rtf
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Unformatted sample text from the term paper:
and health services, the report shows how job costing adds value and control to management. This company operates in a very competitive environment, where there are many large international
companies that are able to obtain economies of scope and scale. The industry is expected to continue to grow, so these pressures are unlikely to ease. The use of
job costing enables the company to trace the costs to a specific jobs right down to each minute of the consultants time. Job costing is shown to allow greater transparency
of the costs and help management decide on which contracts to take on and how to price them. The lessons form this case study can then be applied to other
companies and industries. 1. Terms of Reference A report has been requests that demonstrated the use of job costing in Australia. The report makes use of a real example
of an Australian company that produces a diverse range of products/services to show the benefits of this system. The report first looks at the company and then the industry it
operates in before going on to consider the use of job costing. The aim of the report is to provide a transferable case study. 2. Background 2.1 The Company
The use of job costing is a method by which a businesses able to calculate the true cost of each individual job undertaken. This is
a tool that is able help improve business decision and has been enhanced by technology. One company that is making use of job costing is Creative Business Outcomes of Australia.
This is a business that offer management consultancy services in the East Victoria area and Metropolitan Melbourne (Anonymous, 2004). The managing director
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