Cost Analysis

We are a perfect solution to maximize your profitability with high-quality services

 

 

 

Our cost accounting services 

 

Contribution analysis                                     Variance analysis

 

Break-even analysis                                     Overhead analysis

 

 

 

 

 

Other services

 

For the cost-effective and decent quality of work. Do contact us at bncglobal.in

 

          Cost, Variance, Break-even, Contribution, and Overhead Analysis

                                                                                                                                                                      Cost analysis

Steps to the process of cost analysis

  1. Set goals and objectives

  2. Identify and classify costs and benefits

  3. Design a timeline for expected cost and revenue

  4. Monetize cost and benefit

  5. Discount costs to obtain the present value

  6. Calculate the net present value

 

                                                                                                                                                   

                                                                                                                                                                 Contribution analysis

Steps for contribution analysis

  1. Keep revising the data from time to time

  2. Analyze the performance

  3. Gather data

  4. Develop the process

  5. Set out the problem

 

  • Variance analysis

Here, we detect and correct variances from the expected level. We analyze the causes for the variance between an actual and expected cost and advice corrective actions to be taken to minimize variances. Under variance analysis, we investigate the causes of the variance and take corrective actions accordingly.

 

Steps under variance analysis

  1. Determine the variance between the expected cost and actual cost

  2. Identify the causes for the variance

  3. Reporting to the management

  4. Implement corrective actions

 

  • Break-even analysis

With this analysis, we identify the survival point for businesses. We measure the profit and losses at different levels of production and sales and determine the level of sales volume or value.

 

Break-even analysis authorizes a business organization to

  1. Determine the level of sales volume or value

  2. Measure the profit and losses at different levels of production and sales

  3. Predict the effect of changes in sales and prices

 

  • Overhead analysis

Overhead cost analysis is used to calculate the cost of any work-in-progress. All costs of production excluding material and labor costs come under overhead analysis.

 

Overhead analysis enables a business organization to

  1. Estimate the cost of each product

  2. Calculate the cost of any work-in-progress

  3. Attempt to control costs by comparing actual cost and expected cost

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cost analysis1.png

Are you looking for the best outsourcing company that can obtain accurate and relevant costs for your product or brand? Are you struggling to enhance the profitability and performance of your business processes? If so, then we are the top cost accounting service provider that will help you with our professional cost accounting services.

Cost analysis also known as benefit-cost analysis, is a systematic approach that is used to determine options that provide the best approach to achieving benefits while preserving saving for transactions, activities, and functional business requirements. It is commonly used to evaluate business or policy decisions.

BnC plays a major role in providing cost accounting outsourcing services and can help you with a variety of cost accounting requirements. We offer insights related to increased cost transparency that helps to identify inefficiencies. When you outsource your services to BnC, you can be sure of increasing your revenue while reducing operating costs. We offer a range of software services from highly qualified experts. Our pricing varies depending on the scope and complexity of the projects.

 

BnC comprises a knowledgeable team that will assist you in evaluating the total costs and will increase your cost-effective strategies. Our team of experts has worked with manufacturing organizations and has extensive experience in cost analysis accounting services.

Here, we detect

and correct variances

from the expected level.

We analyze the causes

for the variance between

an actual and expected cost and advice

corrective actions

to be taken to minimize variances.

Under variance analysis,

we investigate the causes

of the variance

and take corrective actions

accordingly.

Our contribution

analysis

identifies the contribution

of a product and measures

the impact of

external and internal factors

on the contribution.

It also explains

the effect of contribution

on the sales of each unit

and

fixed costs.

With this analysis,

we identify the survival point

for businesses. We measure the

profit and losses

at different levels of

production and sales

and determine the level of sales volume

or value.

Under this analysis, we predict

the effect of changes in sales

and prices and

provide effective

solutions accordingly.

Overhead cost analysis

is used to calculate the cost of

any work-in-progress.

All costs of production excluding

material and labor costs

come under overhead analysis.

At BnC, we determine

the fixed and variable overhead costs

and emphasize minimizing

the variable costs to

maximize profits.

We also help clients monitor

their variables on

regular basis.

Pricing goods and servicing

Management consultancy services

Cost audit services

Cost accounting record analysis

Identifying profit centers

Managing information systems

Cost compliance reports services

Project management services

Valuation of businesses

Rehabilitation services

System audit services

Phyiscal verification services

Central excise services

Service tax services

Also known as benefit-cost analysis, is a systematic approach that is used to determine options that provide the best approach to achieving benefits while preserving saving for transactions, activities, and functional business requirements. It is commonly used to evaluate business or policy decisions.

 Our contribution analysis identifies the contribution of a product and measures the impact of external and internal factors on the contribution. It also explains the effect of contribution on the sales of each unit and fixed costs.