The Ignite Blog

The Ignite Blog

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Why You Need To Switch To Time-Driven Activity-Based Costing Now

Businesses are riddled with both obvious and hidden costs, especially in the manufacturing industry. Employee salaries, infrastructure and materials all represent known expenses that can be relatively easy to account for. However, less concrete costs associated with required activities such as machine setup, power consumption and quality assurance audits can eat away at revenue and negatively impact the bottom line.

2018-01-29 21:46:21/
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