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.