Production Direct/Indirect Cost
Clearly understand the costs that go into your finished goods
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What is Production Direct/Indirect Cost
The production direct/indirect cost is an Onnet localized feature that allows your team to have an in-depth tracking of finished goods costs.
Resources needed to manufacture goods can be set as direct costs (direct material costs, direct labor, etc.) or indirect costs (salaries, insurance, utilities, etc.).
This provides your team with a more accurate valuation of the finished goods, thus enabling them to set more competitive selling prices.
Why Businesses Need Production Direct/Indirect Cost
Accurate costing for finished goods
Comprehensive manufacturing cost calculation
Set competitive selling prices for finished goods
In-depth manufacturing cost tracking
- Able to set direct/indirect costs for goods to be manufactured
- Auto-calculated finished product cost according to both direct/indirect costs
- Direct/indirect costs from BOM will be auto-populated when creating manufacturing orders
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