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Unformatted text preview: the result of selling other products, total sales increase. This reduces the amount of fixed costs that must be paid out of each dollar of sales, thus increasing profit. (Online Source). Businesses use cost control methods to monitor, evaluate, and ultimately enhance the efficiency of specific areas, such as departments, divisions, or product lines, within their operations. Reference: http://ecedweb.unomaha.edu/lessons/euse1.htm...
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This note was uploaded on 07/22/2011 for the course ECON 312 taught by Professor Thritle during the Spring '10 term at DeVry Chicago.
- Spring '10