Cost of Production: Types of Production Costs

▤ Summary

Our robust Gantt charts plan your project or production, including all costs related to executing that work. That informs the retail price you put on the product and shows how high you can go without alienating your customers or negatively impacting your profits. These costs include rent for the facility or factory in which you manufacture products, salaries, utility bills, insurance, loan repayments, etc. These can be supplies, depreciation, utilities, production supervisory wages, machine maintenance and repair, fringe benefits of the indirect manufacturing personnel, etc. This is, of course, a superficial look at the labor costs, but for our purposes, it illustrates the various jobs related to producing fabricated steel furnishings.

▦ Linked Companies

ProjectManager

$1M to $5M