Analyze contribution margin and gross profit to identify your strongest performers, spot margin pressure, and make informed pricing and product mix decisions.
Identify goods received but not yet invoiced, including outstanding quantities and values, to help determine accruals and understand financial obligations.
Compare actual purchase prices with standard costs to uncover potential inventory valuation and margin risks; and assess whether costs, standards, or pricing need attention.
Evaluate how changing gas, oil costs, and utilities affect product profitability, especially for low-margin products, and incorporate those changes into budgets and forecasts.
