ESTABLISHING STANDARD PRODUCTION COST USING ANOVA PARAMETRIC METHOD IN WOOD PROCESSING INDUSTRY

The effective capacity of the informations extracted from accounting, to represent the financial position of an economic entity, gives future or not to the current activity conducted in that entity. Therefore the major interest in establishing the economic performances of an entity is the reability of the information. Thus, looking from an objective prespective, the persoective of mathematics, we can accord a high degree of confidence of the information taken into account. This paper is intended to obtain a valid result, that shoud fit in the threshold value used in the ANOVA parametric method to determine a standard cost over a period of time. Capitalizing on information obtained from registrations give certainty to both management accounting as well as those of financial accounting.