Learning Curve Analysis | Managerial Accounting скачать в хорошем качестве

Learning Curve Analysis | Managerial Accounting

Costs don't always behave in a linear manner. For example, labor costs per unit typically decline as more units are produced. This is because workers learn and become increasingly efficient the more they perform a task. Thus, the time to perform a task (and hence the labor cost per task) decreases as the worker performs the task more times. There are two types of models used in learning curve analysis: (1) the cumulative average-time learning model (2) the incremental unit-time learning model The cumulative average-time learning model assumes that the cumulative average time per unit decreases by a set percentage each time the cumulative quantity of units produced doubles. Thus, if a learning curve of 80% is assumed, then the average time per unit would decrease by 20% (100% - 80%) each time the company doubles production (e.g., going from one unit to two units produced). The incremental unit-time learning model assumes that the incremental time of making a unit decreases by a set percentage each time the cumulative quantity of units produced doubles.— Edspira is the creation of Michael McLaughlin, an award-winning professor who went from teenage homelessness to a PhD. Edspira’s mission is to make a high-quality business education freely available to the world. — SUBSCRIBE FOR A FREE 53-PAGE GUIDE TO THE FINANCIAL STATEMENTS, PLUS: • A 23-PAGE GUIDE TO MANAGERIAL ACCOUNTING • A 44-PAGE GUIDE TO U.S. TAXATION • A 75-PAGE GUIDE TO FINANCIAL STATEMENT ANALYSIS • MANY MORE FREE PDF GUIDES AND SPREADSHEETS http://eepurl.com/dIaa5z — SUPPORT EDSPIRA ON PATREON *  / prof_mclaughlin   — GET CERTIFIED IN FINANCIAL STATEMENT ANALYSIS, IFRS 16, AND ASSET-LIABILITY MANAGEMENT https://edspira.thinkific.com — LISTEN TO THE SCHEME PODCAST Apple Podcasts: https://podcasts.apple.com/us/podcast... Spotify: https://open.spotify.com/show/4WaNTqV... Website: https://www.edspira.com/podcast-2/ — GET TAX TIPS ON TIKTOK   / prof_mclaughlin   — ACCESS INDEX OF VIDEOS https://www.edspira.com/index — CONNECT WITH EDSPIRA Facebook:   / edspira   Instagram:   / edspiradotcom   LinkedIn:   / edspira   — CONNECT WITH MICHAEL Twitter:   / prof_mclaughlin   LinkedIn:   / prof-michael-mclaughlin   — ABOUT EDSPIRA AND ITS CREATOR https://www.edspira.com/about/ https://michaelmclaughlin.com