![Direct Materials Cost Variance Formula for Manufacturers](https://www.inflowinventory.com/wp-content/uploads/2023/11/Direct-Materials-Cost-Variance-Formula_Hero-1080x675.png)
by Robert Brandon | Nov 2, 2023 | Accounting
Managing operating costs is an essential part of any business. This is doubly true for manufacturers who have a lot more variables to consider. On top of typical operating costs– wages, electricity, warehouse space, and so on– they have to deal with sourcing raw...![Construction Material Cost: What You Can Expect in 2024](https://www.inflowinventory.com/wp-content/uploads/2023/04/Construction-Material-Cost_Hero-1080x675.png)
by Robert Brandon | Apr 20, 2023 | Accounting
If you’re a contractor, fluctuating building material prices are something you have to deal with regularly. There are a lot of things that affect construction material cost: inflation, demand, scarcity, supply chain issues, and so on. So: how do these factors...