Cost Accounting
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The cost of manufacturing your products or of providing your services are integral parts of your financial statements and key information you use to make decisions affecting the future of your business or organization. Cost accounting is the process of determining these costs.
Some elements of cost accounting are:
- Labor
- Materials
- Packaging
- Waste
- Equipment
- Maintenance
Our Approach
The cost accounting process is one of the most basic elements in operating a business, but it is an aspect of management that is not to be taken lightly. GJM will work with you to determine the costs involved in operating your business. We can also help you forecast what those costs will be in the future and discuss any changes that may be needed to your current budget.