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What Is The Primary Reason To Understand Your Product Cost?
I can answer that with one succinct statement: knowing your product cost is not so important for setting a price as it is to manage your costs for operational purposes. Cost based pricing has many...
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It’s Engineering’s Fault . . .
Have you ever heard someone say this phrase? Regardless of which side of the fence you are on (the accountant or the engineer), there is likely some truth to that comment. When we ultimately discover...
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