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Manufacturing Costs and Variances

On the latest edition of Moore on Manufacturing, join Kevin Golden and Mike Sibley as they dive deep into the intricacies of manufacturing variances! The duo discusses essential components like material, labor, and overhead costs, and share strategies to identify and reduce variances for better cost management and increased profitability. Whether you're a small or large manufacturer, understanding these concepts is crucial for operational efficiency and long-term success. Key Takeaways: *Breakdown of inventory costs and their impact on your bottom line. *How to track and analyze variances effectively. *Real-world examples of variance management. *Strategies to reduce costs and improve efficiency in your manufacturing process. #ManufacturingPodcast #BusinessEfficiency #CostReduction #OperationalExcellence #JamesMooreAndCo #FinanceAndOperations #businessstrategy 👉 Don't forget to LIKE, COMMENT, and SUBSCRIBE for more insights on manufacturing and business management. ✅ If you found this video helpful, please give it a thumbs up, comment below with your thoughts. MORE TIPS LIKE THIS ON YOUTUBE ************************************************************** 🔴 Subscribe: http://bit.ly/40P3sR2 🏗️ Moore on Manufacturing Playlist: https://bit.ly/411P1sg MORE MANUFACTURING ACCOUNTING TOPICS LIKE THIS ONE ************************************************************** 🏥 James Moore Manufacturing CPAs and Advisors: https://www.jmco.com/industries/manuf... 👩‍⚕️ Manufacturing Accounting Articles on JMCO.com: https://www.jmco.com/articles/manufac... SOCIALIZE WITH US! *************************************************************** ⁠📹 YouTube:    / @jamesmooreandco   💼 LinkedIn:   / james-moore-and-co   🖒 Facebook:   / jamesmooreandco   🐦 Twitter:   / jamesmooreandco