Five foods surprisingly high in sugar. So eating sugar-rich food can make a hefty contribution to the calories we consume. The more calories we take in, the more likely we are to be obese. And obesity is linked to heart disease, type 2 diabetes, cancers and other causes of death. But it is not just the calorific content of sugar that worries experts.
What Is a Production Cost Report? A production cost report details the total cost, including raw materials and operating costs, of producing a product. Production cost reports (PCRs) are also sometimes called cost of production reports, product cost reports or process cost summaries.
A manufacturing company had annual sales of $250 million. Its quality department calculated the total cost of repair, rework, scrap, service calls, warranty claims and write-offs from obsolete finished goods. This aggregated cost, called Cost of Poor Quality (COPQ), amounted to 20% of their annual sales. A 20% COPQ implied that during one day of each five-day workweek, the entire company spent its time and effort making scrap, which represented a loss of approximately $ 100,000 per day. Experts have estimated that Cost of Poor Quality typically amounts to 5-30% of gross sales for manufacturing and service companies.