When do we need control?
Delegation of decision-making and execution within the
What is a management control system (MCS)
Formal control elements => rules, procedures, performance
1. Prepare a budgeted income statement :
New price: 1,600,000 / 400,000 x 0,96 = 3,84.
New sales volume: 400,000 x 1,009 = 403,600
Assignment 1 MinYing Accessoires
Ch.8 Fixed overhead variances
Ch.9 Inventory costing
2. How high may the cost of g
A management control system is a means
of gathering and using
(financial and nonfinancial) information.
It guides the behavior of managers and employees.
Transfer pricing & Management Control
Formal control system
Informal control system
Wrapping up general review
HDF 6-8: Budgeting and variance
analysis for direct & indirect costs
Variable and Fixed costs
Dutch Royal Mail
27 areas in The Netherlands:
sort mail on zip code
Chapters 19 & 20
Monthly costs of 27 areas over 3 years
Question: What are the costs per product
For answers to problems, go to:
For any chapter, click on Check Figures
Chapters 15 & 16:
Allocating service department costs
Allocating joint costs
O.I. difference caused
Anderson & Dekker (2009), Part I&II:
Overview of cost management in supply chains
Strategic and executional cost management
Questions about the course & exam
Value chain management
Structural & executional cost management
Strategic cost management in
Some general remarks
Sheets used during this lecture are put on
Blackboard this afternoon.
An example of regression analysis will be
presented next Friday.
The Appendix about regression analysis is
obligatory, the other app