Margin analysis calculating the mix of contribution margin and unit volume at which a business exactly breaks even, which is useful for determining price points for products and services

Engineer the product is a step in the target costing process.

AIS improves the effectiveness and efficiency by sharing the knowledge.

Fixed Costs are the costs to run the day-to-day operations of the company. However, operating costs or operating expenses are not usually traced back to the product being manufactured and can be fixed or variable.

When using traditional total absorption costing it is important to identify activity cost drivers.

The balanced scorecard uses a mixture of financial and non-financial performance indicators.

The payback period generally does not use discounted cash flows. It is, however, possible to incorporate them into payback models.

The discount rate normally used to discount cash flows is the interest rate charged by the Central Bank.