Cost Accounting 101 for Manufacturing Industry

We hosted a practical webinar on how cost accounting can help organizations better understand profitability and make more informed business decisions.

We explored the key drivers of profit, including labor, material, and overhead absorption, walked through study methodology and implementation considerations, and shared an executive checklist, action planning tips, and real-world case studies to help you put insights into action. 

Learning Objectives:

• Identify labor and overhead cost structures
• Identify root causes of margin leakage
• Discuss absorption rates and variances
• Recall ways to apply methodology to improve profitability
• Discuss the information that will help you make informed operational decisions

Who should watch

This session is designed for CEOs, CFOs, controllers, finance directors, and other decision makers in manufacturing companies.

To learn more about this topic, read our article, R&D Tax Credit for Your Manufacturing and Tech Company