Professional Documents
Culture Documents
Large number of companies encourages quality as the main value to the customers and it is
considered as critical success factor in order to achieve competitiveness. The objective of
continuously improvements in programs not only fulfills the customers requirements but also
reduces the overall costs substantially. This target would be achieved on seriously focusing on
quality where costs associated substantially. This is only possible when during achieving the
quality the costs should be reduced.
The labor costs for quality is consider to be zero because the labor costs are pre-decided and the
quality improves with the employee experience and control over work. The efficiency in
machinery and working environment would also affect considerably.
depreciation charge and vice versa. This method is useful for assets which depreciate
with level of activity and not with passage of time i.e. more activity, more usage of asset
and more depreciation expense (accounting-simplified, n.d.).
Bibliography
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accountingexplained. (n.d.). Sum of the Years' Digits Method of Depreciation.
Retrieved November 21, 2014, from
http://accountingexplained.com/financial/non-current-assets/syddepreciation-method
accounting-simplified.com. (n.d.). Methods of Depreciation. Retrieved November 21,
2014, from http://accounting-simplified.com/financial/fixedassets/depreciation-methods/types.html
investopedia. (n.d.). Types Of Depreciation. Retrieved November 20, 2014, from
http://www.investopedia.com/walkthrough/corporatefinance/2/depreciation/types-depreciation.aspx