1. Identifying Direct Costs
A strong Product Costing Keysborough system starts with a clear understanding of direct costs. These include materials, labour, and any expense directly tied to producing your goods. I break these down in a simple, easy-to-understand format so you can see your per-unit cost accurately.
2. Assessing Indirect Costs
Many business owners underestimate indirect costs administration, utilities, equipment use, waste, and storage. Through Better Bookkeeping For Your Business, I allocate these overheads effectively to give you a complete and realistic product cost.
3. Analysing Production Workflow
To enhance Product Costing Keysborough, I look closely at your production flow time spent, efficiency, and bottlenecks. This allows me to identify opportunities to reduce waste, lower costs, and improve productivity.
4. Setting Profitable Pricing Structures
Once we know your true product cost, the next step is pricing. Based on your goals and market expectations, I help you set pricing that ensures healthy profits without compromising competitiveness.