ACC 312 Lecture Notes - Lecture 9: Weighted Arithmetic Mean, Economic Value Added, Earnings Before Interest And Taxes
Document Summary
Activity-based responsibility accounting: a system for measuring the performance of an organization"s people and subunits, which focuses not only on the cost of performing activities but on the activities themselves. Segmented income statement: a financial statement showing the income for an organization and its major segments (subunits) Common costs: costs incurred to benefit more than one organizational segment. Customer profitability analysis: using the concepts of activity-based costing to. Customer acceptance measures: the extent to which a firm"s customers perceive its. In-process quality controls: procedures designed to assess product quality before. Delivery cycle time: the average time between the receipt of a customer order and the. Manufacturing cycle time: the total amount of production time (or throughput time) Velocity: the number of units produced in a given time period. Manufacturing cycle efficiency (mce): the ratio of process time to the sum of processing time, inspection time, waiting time, and move time. Aggregate (total) productivity: total output divided by total input.
