Founders Blog

Job Costing Software

By Dave Ferguson | Feb 10, 2011 | 0 Comments

Job Costing has been around for many years to determine the cost of manufacturing a given product.  The process by which the expenses are record is costing.  Job costing software should make the process of recording the transaction simpler and not more difficult and time consuming.  Job costing software is not like cost accounting because it does…

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Cost Estimate Techniques

By Dave Ferguson | Feb 9, 2011 | 0 Comments

The basic cost estimate techniques involve analyzing the pieces that make up a cost estimate.  The first technique I would follow is to systematically go through the following steps and cost each one out in detail.  Once you have gone through the basic steps you will have all the cost information required for the estimate….

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Purpose of Cost Estimating

By Dave Ferguson | Feb 8, 2011 | 0 Comments

There are numerous purposes behind cost estimating which include those below and others 1. A manufacturer can determine if the project or product is cost effective to manufacturer prior to the manufacturing process. 2. There are various alternatives to manufacturing and cost estimating can determine the economical feasibility of manufacturing the project or product by…

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Estimating The Costs

By Dave Ferguson | Feb 6, 2011 | 0 Comments

An interesting situation when doing estimates is which estimates do you spend time on and which estimates are too costly to put the effort into.  In a tough economy its almost always the case you try to make something your company is not really able to make at a reasonable profit, but you still want…

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