VIEWpoint Issue 2 | 2022
Inflation Reduction Act: Highlights of Key Changes for You and Yo...
2022-2023 Tax Planning Guide
M&A on the Way? Consider a QOE Report
IRS Reminder: Employers Must File W-2 Forms, Other Wage Statement...
NCUA Releases 2023 Supervisory Priorities
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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