Monday, November 2, 2026Mon, Nov 2Updated 6:57 PM ET
The Kehilla Times

News from the community, as it happens

לעצטע נייעס

Manufacturing businesses need more than regular bookkeeping

You need to know what each product actually costs to make.

Say you buy $50,000 in raw materials but only use $20,000 in production. Or a product requires 3 labor hours instead of the 2 you estimated. Add wasted materials, defective products, machine downtime, and unfinished inventory.

These details can completely change your profit. You could be selling something for $100 thinking it costs $70 to make, when it actually costs $95.

Filed underBusiness & Deals
Share this story