The importance of manufacturing COST STRUCTURE for companies.

At present, companies represent the main source of economic development of the country, since they guarantee monetary stability and the welfare of society in general. Their success lies in the optimal development of variables such as human resources administration, the supply chain and the general management of their costs, among other factors.

According to the above mentioned, it is of great importance to indicate that the cost information system is one of the elements that ensures the proper functioning of an organization in terms of its productivity, since it provides elements that contribute to the achievement of institutional objectives and their evaluation.

It also provides accurate information about each and every one of the production processes that the company goes through, which allows the knowledge of the state of the company .

It is transcendental for the future and development of the companies to be able to have a cost structure of each and every one of the processes carried out, because with it you can know exactly what is the manufacturing cost of each of its processes, as well as allows you to make adjustments in the expenditure of inputs.

n such a way that also allows them with an updated cost structure, to know if it should increase the cost of products, as well as to determine the real value of manufacturing, which allows them to determine the profit in a given period of time.