Cost per output essay
The cost per output and cost per outcome of every service that an organization provides will show how much money was spent for each service the cost per output and cost per outcome will also show if the services offered by the organization are, in fact, doing well for them. Thereafter, because the marginal cost of production exceeds the previous average, so average cost rises (for example the marginal cost of each extra unit between 450 and 500 is 48 and this increase in output has the effect of raising the cost per unit from 18 to 21.
Workers receive $10 per hour, and machine cost was $40 per hour with the new equipment, it was possible to transfer one of the workers to another department, and equipment cost increased by $10 per hour while output increased by four carts per hour.
Read this essay on hsm 260 cost per output come browse our large digital warehouse of free sample essays get the knowledge you need in order to pass your classes and more if a human service agency did not determine the cost per output and cost per outcome, then there might be holes in the budget, the direct and indirect costs might be.
Cost per output essay sample determining the cost per outcome and the cost per output is the final step in cost analysis according to financial management for human service administrators by lawrence l martin, to compute cost per output (per unit), the total cost of the program is placed as a numerator and the total outputs to be provided for the fiscal year is placed as the denominator.
Cost per output and cost per outcome response cost per outcome is the total cost of all units of service very simply, if you don't know what it costs to achieve a certain output / outcome , you can't know how much to charge for your services. Write a 200- to 300-word response to the following: why are cost per output and write a 200- to 300-word response to the following: why are cost per output and cost per outcome calculations valuable to a human service agency. Essay on productivity: meaning, measurement and benefits article shared by output is the result of the combined input of a variety of factors, eg, materials, labour, capital, machines and management production by using resources in the best possible way contributes to increase in productivity causing reduction in cost per unit and.
Cost per output essay
Cost per output essay sample by admin in essay samples on november 1, 2017 determining the cost per result and the cost per end product is the concluding measure in cost analysis. Cost per output and outcome calculations can provide insight into a human service organization’s financial management plan in order to evaluate whether or not the goals and objectives are being met to provide the services which support the mission.
Opportunity cost is the cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen) it is the sacrifice related to the second best choice available to someone, or group, who has picked among several mutually exclusive choices.