_identifying-material-and-energy-cost-categories-of-forest-products-production-using-material-flow-cost-accounting.jpg "Identifying Material and Energy Cost Categories of Forest Products Production Using Material Flow Cost Accounting from identifying trees for Video Screenshot Preview")
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⏲ Duration: 9 min 78 sec
✓ Published: 20-Oct-2016
✓ Published: 20-Oct-2016
Description:
18059nnMaterial Flow Cost Accounting (MFCA) is a method belonging to the general Environmental Management Accounting framework and it has been used mainly in the industry for increasing resource efficiency, cost savings, and minimization of environmental degradation. MFCA treats material losses (wastes and emissions) as one more output of the production process and assigns a cost on it. Thus, the managers can understand the material and money losses, something which is not the case in convention
18059nnMaterial Flow Cost Accounting (MFCA) is a method belonging to the general Environmental Management Accounting framework and it has been used mainly in the industry for increasing resource efficiency, cost savings, and minimization of environmental degradation. MFCA treats material losses (wastes and emissions) as one more output of the production process and assigns a cost on it. Thus, the managers can understand the material and money losses, something which is not the case in convention
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