Differences in the Cost Calculation for Construction Work, RoadTransport and Water Supply

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26110%2F19%3APU133323" target="_blank" >RIV/00216305:26110/19:PU133323 - isvavai.cz</a>

Alternative codes found

RIV/68407700:21260/19:00355573

Result on the web

<a href="http://dx.doi.org/10.1088/1757-899X/603/3/032086" target="_blank" >http://dx.doi.org/10.1088/1757-899X/603/3/032086</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1088/1757-899X/603/3/032086" target="_blank" >10.1088/1757-899X/603/3/032086</a>

Result language

angličtina

Original language name

Differences in the Cost Calculation for Construction Work, RoadTransport and Water Supply

Original language description

This paper presents a method of cost and price calculation of construction work, road transport and water and sewerage chargesin the Czech Republic. Costs represent animportant economic category that is closely related to theprice. Each companymust perfectly manage costing, especially absorption costing, which consists ofbudgeting overhead costs on theproduction (performance, products and services). Absorption costing is characterizedbyincludingindirect (overhead) costs together with direct costs of production into the calculation, i.e. it must absorb them completely into the costs. The absorption method is represented by thesurcharge calculation. However, creating the calculation formula for absorption costing and the procedure ofcost and price calculation have theirspecifics in various branches of theeconomy. Differences can be seen in examples of selected case studies. They deal with therepresentative cost and price calculation of construction work on a particular construction, cost and price calculation of theroad transport and one-component and two-component cost and price calculation of the water and sewerage charges. All types of calculation must reflect the economic situation of the company marketing of a new product. The diversity of the product types mentioned above indicates the need for otherinputs in the calculation and differentcalculation procedures. Without mastering absor ption costing, it is not possible to introduce more accurate calculation methods, such as the Dynamic Calculation with Contribution Margin or in the next step implement the Balanced Scorecard. Correct absorption costingcan be checked by the fact that the sum of all company production costs must correspond to the sum of the financial accounting cost accounts. However, cost control is not the subject of this article.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

20104 - Transport engineering

Project

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2019

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

4th World Multidisciplinary Civil Engineering - Architecture - Urban Planning Symposium

ISBN

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ISSN

1757-8981

e-ISSN

—

Number of pages

9

Pages from-to

1-9

Publisher name

IOP Conference Series

Place of publication

UK

Event location

Praha

Event date

Jun 17, 2019

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000562099101097