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JetBlue Airline Costing Techniques Review

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Abstract

The current paper assesses different costing techniques and assesses how JetBlue can derive benefits from using such costing techniques.. The project aims to determine how the business will profit from integrating diverse costing approaches to give effect to better decision taking.. Costing methods facilitates the organization to utilize such financial resources more optimally. Costing techniques are necessarily not reflected in company annual reports or financial statements. These occur separately and are given as supplementary information for managers and stakeholders to assess the company’s organizational effectiveness.

Table of Contents

Introduction.

Firm Background

Activity-Based Costing

Standard Costing

Future Projects in terms of Relevant Costs

Conclusion

References

JetBlue Airline Costing Techniques

JetBlue Airline Costing Techniques Review

Introduction

The current paper is based upon analyzing the different costing techniques which an organization undertakes to acquire better financial efficiency. Accordingly, the present article incorporates the evaluation of activity-based, standard, and relevant costing techniques. The research includes analyzing such costing techniques by associating the same in the context of JetBlue. The different circumstances under which JetBlue might undertake such costing techniques and their long-run implications have been discussed. The paper begins with a brief analysis of JetBlue’s background, their span of operations, and their general strategies to succeed. The subsequent sections of the document include evaluating different costing processes and how JetBlue can incorporate the same to manage their financial resources better. The data for the current paper has primarily been collected from secondary sources such as web publications, journals, and books. The study essential follows a descriptive and interpretative approach. The research technique developed is primarily qualitative.

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