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Knowing the profitability of each job and product in a printing company is important for
determining prices, core business, and future equipment investments. Plant personnel typically record
their production time and materials consumed in a shop floor data collection
software. When the print jobs are completed, a job costing report is
produced.
A job cost report typically provides a complete breakdown and comparison of the job’s
estimated vs. actual time, materials, and costs. A job costing
system will identify the profit and loss for each job and its components. |