| Budget Amount *help |
¥3,510,000 (Direct Cost: ¥2,700,000、Indirect Cost: ¥810,000)
Fiscal Year 2016: ¥780,000 (Direct Cost: ¥600,000、Indirect Cost: ¥180,000)
Fiscal Year 2015: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2014: ¥1,690,000 (Direct Cost: ¥1,300,000、Indirect Cost: ¥390,000)
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| Outline of Final Research Achievements |
This study examines the patterns of cost behavior and factors that affect them. I found that costs are "sticky" on average which means that costs decrease to a lesser extent for sales decreases than they increase for equivalent sales increases. The factors that affect cost stickiness I found are 1) managerial expectations of future sales, 2)importance of intangible assets, and 3) target setting and performance evaluation systems in an organization. This study also revealed that analysts do not capture cost behavior in that they do not take cost stickiness into consideration when they forecasts earnings, suggesting that they should be informed based on the cost behavior research.
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