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Cost Accounting For Dummies, 2nd Edition
book

Cost Accounting For Dummies, 2nd Edition

by Kenneth W. Boyd
February 2022
Intermediate to advanced
448 pages
10h 57m
English
For Dummies
Content preview from Cost Accounting For Dummies, 2nd Edition

Chapter 19

Quality: Building a Better Mousetrap

IN THIS CHAPTER

Bullet Considering the cost of delivering a quality product

Bullet Changing production to improve quality

Bullet Measuring customer satisfaction

Bullet Reducing production time and delivery time

Bullet Using time to differentiate from the competition

You can use cost accounting to improve your performance in delivering a quality product in a timely manner. Quality is a necessity — not a luxury — as technology now allows customers to research online how companies perform. They can post complaints, too. If your product is defective, word will get around. Also, customers don’t like to wait. If you don’t get your product to the client quickly enough, the client might tell their friends about the negative experience (or, for that matter, post the complaint on Amazon or Facebook).

This chapter addresses quality issues in a business. Assume that you manage a business — and you’re concerned about quality. You consider how to measure quality. You look at how your ...

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Publisher Resources

ISBN: 9781119856023Purchase Link