Member of

Mainstreet Systems is a member of the National Association of Dental Laboratories (NADL)
Mainstreet Systems in association with the Microsoft Partner Network
DentaLab for QuickBooks is designed to be used in conjunction with Amazon Web Services (AWS)
Mainstreet Systems is a an intuit developer and we specialize in synchronization with Intuit QuickBooks products.

Product Costing

 

 

Knowing the cost of producing a product or service is essential to any business. This knowledge can become critical if faced with competitive pricing or with opportunities for new business based on meeting price requirements. It can also be a way of reviewing and analyzing if costs can be reduced in any way toward the goal of greater profits.

 

 

 

To estimate the cost of production for each item or category of items, there are these major cost categories:

 

 

  • Labor

  • Material

  • Outsource

  • Royalties/License Fees

  • Safety Procedures

  • Shipment

  • Indirect/Overhead

For some businesses, a target maximum is established for labor costs as a
percentage of billing price. There are typically two methods of billing the more
costly materials. This also holds true for outsourced and safety procedures and
shipment. One is to incorporate these into a flat rate and another is to bill these
as a separate item based on the quantity/units used. If included in a flat rate,
the cost should be included in the product costing calculations.


Default rates can be established for labor hours, safety procedures, and
shipment, but provision has been made for overrides.

 

 

 

The ideal tool for product costing allows for experimentation, similar to the capability found in spreadsheets. Entry or editing of a field drives recalculation of all the other fields. Results are available both from the screen and in printed reports.


Sample product costings have been included. These can be viewed from the screen and transferred to a new product costing as a starting point.

"Thank you! We dearly love this software!"

 

Katrina Kornegay

Elite Dental Lab

North Carolina, USA

If you are interested in Product Costing we would love to hear from you. 

Please contact us: by phone +1 (800) 257-4535 or email sales@mainstreet-systems.com

                  

We'd love to hear from you!

 

+1 (800) 257-4535

+1 (215) 256-4535

sales@mainstreet-systems.com

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