POSSIBILITIES OF APPLYING COSTING IN MANA GEMENT DECISION-MAKING

Costing system is an important tool of a management decision making. W ithin the scope of entrepreneurial activity a great number of prelimin ary calculations on the level of operating management and on the level of business management is being done. Costing is often considering tw o aspects: the aspect of time and the aspect of cost accounting. Preli minary costing determines the need of the so called starting-up capita l. It involves income costing, expenses costing, operating results cos ting and the analysis of anticipated profitability. Decision making ap plies the opportunity costs. Costing of ''non-total'' costs is trying to eliminate negative elements of costing of total costs. Costing of n on-total costs is characterized by dividing the costs into directly an d indirectly corresponding unit costs, by category of gross profit and by retrograde approach to calculation. The well-known systems of cost ing on the basis systems of variable costs with timely differentiated fixed costs, costing of standard marginal price and costing of relativ e direct costs.