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COST ACCOUNTING 101

To really support ANY company, you must understand your costs. Cost Accounting is an often difficult to find skill set that is critical for

  • Properly assigning costs

  • Accurate gross margin

  • Understanding of human resource staffing

  • Determining Sales Prices

  • Identifying Strong and Weak product lines (loss leaders)

  • Creating Price, Volume, Mix Analysis

  • Identifying opportunities for cost improvements and reductions

  • Supports the creation and actualization of business plans

  • Improves Strategic Planning and Decision Making



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