Browsing by Author "Jikia, Merab"
Now showing 1 - 3 of 3
Results Per Page
Sort Options
Item Disadvantages and advantages of using a separate statistical method in management accounting(Ivane Javakhishvili Tbilisi State University Press, 2023) Jikia, MerabAdvantages of simple linear regression analysis are as follows: Easy to use; Considers the main relationship between two sets of data; Can be used to prepare forecasts and budgets; Simplifies the budgeting process. Limitations of simple linear regression analysis are as follows: It assumes that there is a linear relationship between the variables; The relationship between only two variables is evaluated. In fact, the dependent variable is influenced by many other independent variables; Tendonously, only interpolation predictions are reliable. Equation should not be used for extrapolation; Regression analysis assumes that the historical behavior of data in the past will continue in the near future too; Interpolation forecast is reliable between data, only in case of strong correlation.Item Peculiarities and advantages of distribution of production overhead costs by activity types(Ivane Javakhishvili Tbilisi State University Press, 2019) Jikia, MerabThe method of calculating costs according to the types of activities ensures calculating the cost of unit of production more accurately. Based on that, we can improve determination of the product selling price and realization strategy, as well as effectiveness of management and quality of the decision made. - When applying this approach, it is better evident what overhead costs are spent for; - The approach of calculating cost according to the types of activities recognizes that production overhead costs are not related only to the volume of production and selling; - For many companies, production overhead costs represent a significant part of total costs. Therefore, for managing the business properly the management needs the information about what overhead costs are paid for. Control over production overhead costs can be exercised by managing and controlling of cost-driver; - Using this approach in a complex business environment allows us to determine actual costs on the product; - Calculation of costs according to the types of activities can be used not only when distributing production overhead costs but in case of distributing all types of overhead costs.Item Topical issues of analysis of production efficiency data(Ivane Javakhishvili Tbilisi State University Press, 2018) Jikia, MerabEconomic analysis of the 3rd level of the return on capital and labor productivity allows us to determine and provide quantitative description for the impact of the following factors on the efficiency of production: 1. Determination of the impact of 3rd level factors on the return on capital: a) The impact of applying (modernizing) new equipment on the return on active part of fixed assets; b) The impact of introduction of scientific and technical progress on the return on equipment; c) The impact of changes in social factors on the return on equipment. 2. Determination of the impact of 3rd level factors on labor productivity: a) The impact of improving organization of labor and production; b) The impact of introduction of scientific and technical progress; c) The impact of non-productive time costs; d) The impact of structural changes in production.