Information-Analitical Support of Cost Management in Horse Breeding

Abstract

In this paper the use of technique for analyzing the relationship "Cost - Volume - Profit" in horse breeding is studied, which allows to simplify accounting and analytical support of cost management and control the amount of profit as a result of changes in variable costs, selling prices and product mix of the given industry; a method of budgeting has been adapted to horse breeding industry conditions for effective cost and financial performance management of organization activities.

DOI: 10.5901/mjss.2014.v5n18p193