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What is uncontrollable cost?
Uncontrollable cost is that cost which is not in descretion of management to be controlled. A good example of an uncontrollable cost is insurance. A manager who runs a department on the factory floor does not have control over the liability insurance that the company buys.
Controllable cost versus uncontrollable cost?
A controlable cost is a cost a manager can control. For example, if I am in charge of HR at a company, the dollars I spend on advertising open positions is a controlable cost. An uncontrollable cost, would be, the price my business pays for electricity.
Example of controllable cost and uncontrollable cost?
Controllable costs are costs that a manager or department has authority and responsibility over, such as direct material cost. With uncontrollable costs, management has no control over the cost or when they must be paid, such as liability insurance.
What is an example of service cost center in an hotel?
examples of cost centers in hotels
Is depreciation a controllable cost?
No. Depreciation would be considered an uncontrollable cost because it is fixed
What is an uncontrollable cost?
Uncontrollable costs are those costs which are not direct controlling of management of company like price hikes by Government etc.
Difference between controllable and uncontrollable cost?
1.11.5 By Controllability- Costs here may be classified into controllable and uncontrollable costs. (a) Controllable costs - These are the costs which can be influenced by the action of a specified member of an undertaking. A business organisation is usually divided into a number of responsibility centres and an executive heads each such centre. Controllable costs incurred in a particular responsibility centre can be influenced by the action of the executive heading that responsibility centre. For example, Direct costs comprising direct labour, direct material, direct expenses and some of the overheads are generally controllable by the shop level management. (b) Uncontrollable costs - Costs which cannot be influenced by the action of a specified member of an undertaking are known as uncontrollable costs. For example, expenditure incurred by, say, the Tool Room is controllable by the foreman incharge of that section but the share of the tool-room expenditure which is apportioned to a machine shop is not to be controlled by the machine shop foreman The distinction between controllable and uncontrollable costs is not very sharp and is sometimes left to individual judgement. In fact no cost is uncontrollable; it is only in relation to a particular individual that we may specify a particular cost to be either controllable or uncontrollable
Why is Weighted Average Cost of Capital important to an organization?
imoportant of capital cost to a hotel imoportant of capital cost to a hotel
What is an example of an org chart of a standard class hotel?
example for the first class hotel
What is the cost to stay at the Ashling hotel in Dublin?
Costs of staying at the Ashling Hotel in Dublin vary upon time spent there and whether one uses a discount travel site or not. For example, a one night classic double with 1 adult will cost 109 EUR.
What is the cost of a two night hotel room at Cyclades Hotel?
"The cost of a two night hotel room at Cyclades Hotel may vary. For a single person, the cost may be around one hundred and fifty to three hundred and sixty dollars."
What was the cost of a hotel room in 1820?
The price of a hotel in 1820 was $999,999,999,999,999,999,999,999,999,999,999,999
