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Direct Materials Cost Variance Formula for Manufacturers

Direct Materials Cost Variance Formula for Manufacturers

by Robert Brandon | Nov 2, 2023 | Accounting

Managing operating costs is an essential part of any business. This is doubly true for manufacturers who have a lot more variables to consider. On top of typical operating costs– wages, electricity, warehouse space, and so on– they have to deal with sourcing raw...
Construction Material Cost: What You Can Expect in 2025

Construction Material Cost: What You Can Expect in 2025

by Robert Brandon | Apr 20, 2023 | Accounting

Key takeaways Construction material costs have experienced some volatility in 2025, mainly due to supply chain issues and global trade conflicts. Prices for copper, aluminum, and nickel remain elevated due to supply issues, raw material availability, and import costs....
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