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• Create Date January 19, 2022
• Last Updated September 28, 2022

Financial Executives Council: Understanding costs to maintain growth, profits

The Financial Executives Council meeting focuses on pricing models and cost management. With the changes in labor supply, materials supply, related markups, fluctuating production throughout and even a change in customer products, many are not adequately recovering costs in their pricing models.

Topics include:

• Role of traditional costing
• Review of strategic costing model
• Understanding contribution margin
• Value-based pricing

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