A product's pricing is calculated a:
Raw Material Cost (A)
Production Cost (B): This is usually labour charges
Trims & Packaging (C)
Overheads (D)
Margin (M)
Total cost of product is the sum of all these components: A + B + C + D + M
product posting calculation
A product's pricing is calculated a:
Raw Material Cost (A)
Production Cost (B): This is usually labour charges
Trims & Packaging (C)
Overheads (D)
Margin (M)
Total cost of product is the sum of all these components: A + B + C + D + M