The Product Costing Blog

Activity Based Costing (ABC ) is a systematic approach for categorising and understanding the cost of your product, in a way that helps you to make...

When we talk about the costs involved in manufacturing a product, it's common to break these down into three main categories: materials, labour,...

Getting to Grips with Product Costs

Before you slap a price tag on your product, it’s vital to fully understand what it costs to make it....

Different businesses have diverse strategies when it comes to pricing their products. The approach a company chooses can significantly impact its...