VIEWpoint Issue 1 | 2022
Brief Insights | Meeting Provider Relief Fund Reporting Requireme...
VIEWpoint Issue 2 | 2021
Weathering the Storm of Rising Inflation
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As a manufacturer, you have a good understanding of what your material and labor costs are. These costs play a big role when you price your products. However, these are not the only two costs that should be factored into your prices. What about equipment and overhead? If you aren’t basing these costs on labor hours/dollars or equipment time then you likely are not pricing your products profitably. The manufacturing accounting professionals at Doeren Mayhew offer the following seven signs it may be time for a product costing analysis:
To help ensure your pricing fully captures your costs, Doeren Mayhew’s manufacturing accounting professionals in Michigan, Houston or Ft. Lauderdale can help you with a product costing analysis. Contact us today.
This publication is distributed for informational purposes only, with the understanding that Doeren Mayhew is not rendering legal, accounting, or other professional opinions on specific facts for matters, and, accordingly, assumes no liability whatsoever in connection with its use. Should the reader have any questions regarding any of the news articles, it is recommended that a Doeren Mayhew representative be contacted.
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