Product Cost Accounting & Pricing
Management Accounting Services
Cost accounting is a branch of management accounting that focuses on the measurement and analysis of costs incurred by a business. The goal of cost accounting is to support decision-making by providing accurate information on costs and their relationship to revenue. At HorizonFD we can review and analyse your costs to understand how they affect your product margin.
Cost Accounting & Pricing Services
At HorizonFD we are skilled in being able to consult and advise on how to manage costs and pricing to reduce leakages and increase margins. We will look into the industry gold standards to see how your business can remain competitive. Our services involve looking at:
Cost Analysis >
A comprehensive analysis of costs incurred by the business, including an assessment of direct and indirect costs and the development of cost behaviour models.
Cost Management >
Mapping cost control systems to manage costs and improve profitability, including the use of budgeting, cost variance analysis, and performance measurement.
Margin Analysis >
A calculation of the profit margin for a product or service, taking into account the cost of production and overhead.
Pricing Strategies >
Analysis of pricing strategies to support pricing decisions and improve profitability.
Need help to understand how to price your product?
Book a call with HorizonFD to help you navigate your margins with expertise
