4.4 Financial Job Costing Process

.loader-cover {display: none;}

Javascript is disabled. This will break some site features. To enable Javascript click here.

All

Videos

Documents

Templates

Articles

Trainers

What's new

You can also View by Categories

SAVE THIS PAGE

Financial Job Costing Process

Job costing can be a very useful procedure. While in recent years job costing for change-out (AOR) is less necessary than in the past, due to control of pricing via cookbook systems, we still have the variable cost of labor in many cases (if not performance-based pay). The commercial and new home departments are quite different, and job costing is an essential tool to ensure the margin, gross profit per crew day or GP per hour are on target, even through to the EBIT (profit) line. Take some time and evaluate the tools available to help job cost.

Job Costing - Learn How to Apply the Concept to Profitability

In this video we explore the elements of proper job costing and the support tools to create an accurate costing model. Job costing can be an excellent discipline in business to understand how jobs are not only estimated but how the performance flowed in real life. Job costing can be automated as well, and in this example we discuss the primary elements to be effective.

Run Time: 10:30

Financial Job Costing Tool and Process

An example job cost tool to be utilized to evaluate work completed compared to an estimate.