Cost apportionment plays a crucial role in effectively aligning cost distribution in a food and beverage production environment, which is all the more important considering how competitive the market is today. Purpose-built software for the task can help your organization make more informed decisions and ultimately enhance financial performance.

Promote an Equitable Distribution of Direct Costs with Production Cost Apportionment

Cost apportionment—also known as cost allocation—is the process of fairly distributing direct costs among different products in production operations. By taking into account appropriate cost drivers, cost apportionment helps to ensure that each product bears an appropriate share of direct expenses. This can improve cost accuracy and enable organizations to make informed decisions about pricing, resource allocation and performance evaluation. Additionally, the practice helps identify cost inefficiencies, allowing you to streamline operations and optimize resource usage, both of which help you keep your company financially viable.

Key Features

Balanced Allocation of Direct Costs: Allocate direct costs equitably and precisely among products
Enhanced Cost Accuracy: Improve the accuracy of cost data by attributing direct costs to specific products based on a predetermined formula
Identification of Cost Inefficiencies: Identify cost inefficiencies and areas for improvement within supply chain and production processes

Pricing:

Aptean Production Cost Apportionment for Food and Beverage is free to use for the first 30 days. A paid subscription is required after the trial expires. Please contact us for more information on the pricing.

Supported Editions:

This app supports both the Essential and Premium editions of Microsoft Dynamics 365 Business Central (which must be installed in advance).

Supported Countries:

Australia, Belgium, Canada, Denmark, France, Germany, Ghana, India, Indonesia, Ireland, Malaysia, the Netherlands, New Zealand, Nigeria, Norway, the Philippines, Poland, Singapore, South Africa, Spain, Sweden, Switzerland, the United Kingdom, and the United States.

Supported Languages:

Danish, Dutch, English, French, German, Spanish and Swiss German.

Aptean Production Cost Apportionment for Food and Beverage

by Aptean