Rola produktywności pracy w planowaniu i controllingu działalności przedsiębiorstwa produkcyjnego
wage productivity in budgeting and controlling of the manufacturing company

Summary/Abstract: Cost accounting is among other some quantitative description of manufacturing processes. Using algebraic notations of variables appearing in cost accounting one can describe production by function of many arguments. Considerations leads to findings of two important factors namely labor productivity and variable of management. The last variable is parallel to the concept of total factor productivity TFP well known in econometrics research. These two factors serve for cognitive aims and are useful for solving some management problem. One of significant problems is the determination of adequate level of compensation in accordance with economic performance. The paper shows accounting concept of production function and methods of controlling compensation due to data presented in financial statement. Procedures are applied to real company data.

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