Product Costing

Competition and cost pressures have increased strongly within the globalized economy. At the same time the product life cycles have been reduced considerably. Therefore it has become essential for companies to introduce their developments into the market as quick as possible and as cost effective as possible. We are happy to assist you in establishing a powerful product costing within your company. We will advise you in all aspects of product costing, for example:

• Creation of bill of materials (BOM) and task schedules
• Identification of hourly production rate personnel / machine
• Internal standard price viewing
• Market price analysis
• Product Cost calculation / manufacturing costing calculation
• Comparison of set / actual / plan of the calculated product costs
• Control of the calculated product costs within the current production process
• Budgeted costs calculation and control
• Variance analysis
• Inventory valuation
• Slow / Non-mover valuations and devaluations
• Stock turnover rate
• Net realizable value
• Analysis of fix and variable cost components