Understanding Operational Costs of a Stone Fabrication Facility
Paul Menninger, Nick Began
Format: Video of Slides with Synchronized Audio

Defining and understanding key cost drivers is the foundation to segmenting costs appropriately and utilizing percentage based cost information to make calculated financial decisions. Increased understanding and proper utilization of cost components leads to increased productivity, efficiency, and healthier bottom lines.

At the end of this seminar, participants should be able to:
•Define key cost drivers
•Segment and track costs
•Utilize percentage based costs to make profitable decisions
•Identify fixed and variable costs to create budgets and break-even analysis