The Cost Management Toolbox

The Cost Management Toolbox

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This text provides a presentation of how to use financial information to manage costs. It explains how the financial processes of an organization are interrelated, and interprets these processes in the context of the firm's strategic objectives and long-term goals.Basic Cost Data for Job 722, Auto Repair Shop. Direct Costs Frontline labor Base wage rate per hour (auto technician) $20 Estimated payroll taxes and fringe benefits 25% Total labor costs per hour ($20 + [$20 X 0.25]) $25.00 Labor hours anbsp;...

Title:The Cost Management Toolbox
Author: Lianabel Oliver
Publisher:AMACOM Div American Mgmt Assn - 2000-01

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