Numistry
Manufacturing cost accounting services overview

Services · Pricing · Scope

Three services. Each one a specific part of manufacturing cost accounting.

Product costing, variance reporting, and inventory valuation — the three areas where manufacturing cost accounting most directly affects the decisions you make and the figures you report.

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Focused where it matters most

Manufacturing cost accounting covers a lot of ground, but most of the decisions that depend on cost data come back to three things: what does it cost to make each product, are costs tracking against plan, and what is the inventory worth.

Each service below addresses one of those areas directly. They can be engaged separately or together, depending on what your operation needs. Pricing is transparent, scope is defined, and all three are delivered in plain language — figures explained, not just produced.

Product Costing & Margin Analysis

$1,200 / analysis

Standard Costing & Variance Reporting

$720 / month

Inventory Valuation Support

$640 / period
Product costing and margin analysis

Service 01

Product Costing & Margin Analysis

$1,200 / analysis

A clear breakdown of materials, labor, and overhead per product so you can see true margins and price with confidence. Suited to manufacturers who suspect some lines earn less than they appear to.

→ Full cost breakdown per product: direct materials, direct labor, variable overhead, fixed overhead
→ Overhead allocation method selected to match your actual production resource usage
→ Contribution margin and gross margin per product or product group
→ Written report in plain language, including method documentation
→ Comparison of current pricing against calculated cost — where margins are thin or inverted
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This service is likely useful if:

· You have multiple products but aren't confident in the cost difference between them
· You're reviewing pricing and want it based on actual cost rather than estimates
· Your overall margin looks acceptable but you suspect it's uneven across product lines
· You're considering discontinuing or adding a product line and need reliable cost data to evaluate it
· Your overhead allocation method hasn't been reviewed recently and may not reflect current production patterns
· You want a documented cost structure that can be consistently reapplied in future periods
Standard costing and variance reporting

Service 02

Standard Costing & Variance Reporting

$720 / month

Setting up standard costs and reporting the variances each period in plain language, so you can spot where reality drifts from plan. Designed for production teams that want a steady handle on cost control.

→ Standard costs set at achievable levels — not theoretical ideals that produce permanent adverse variances
→ Monthly variance report broken down by type: price variance, usage variance, efficiency variance
→ Plain-language explanation of what drove each variance — not just the figures
→ Standards reviewed periodically and updated when production conditions change materially
→ Trend summary across periods — so patterns in cost behaviour become visible over time
Full details Get in touch

This service is likely useful if:

· Costs have drifted upward over several periods and the source isn't clear from current reporting
· You want period-end cost reports that explain what happened, not just what the total was
· Production managers need cost feedback they can read and act on without accounting support
· You have standard costs in your system but aren't sure they're set at realistic levels
· Supplier price changes are affecting costs and you want to track the impact per product
· You'd like an ongoing engagement with a consistent methodology rather than a one-off report
Inventory valuation support

Service 03

Inventory Valuation Support

$640 / period

Careful valuation of raw materials, work in progress, and finished goods for your accounts and reporting, explained clearly. We help you choose and apply a consistent method that suits your operation.

→ Valuation method selected to suit your inventory profile — FIFO, weighted average, or standard cost
→ Raw materials, WIP, and finished goods each valued accurately at period end
→ WIP valued by production stage with cost accumulation tracked — not estimated at a flat percentage
→ Method documented and applied consistently across periods — audit-ready and explainable
→ Clear reconciliation between opening and closing inventory values for each category
Full details Get in touch

This service is likely useful if:

· Inventory values shift unexpectedly at period end and are difficult to explain to auditors or directors
· WIP is currently valued using a flat percentage completion estimate rather than tracked cost accumulation
· You're not fully confident that the valuation method applied is the most appropriate for your inventory type
· An upcoming audit requires clear documentation of how inventory has been valued
· Input cost changes are making inventory values move in ways that are hard to reconcile period to period
· You want inventory figures that can be compared reliably across periods without method inconsistency

Services at a glance

A quick overview of what each service covers and what it costs.

Service Frequency Investment Primary output

Product Costing & Margin Analysis

 Per analysis (one-off or repeated) $1,200 Per-product cost breakdown and margin report

Standard Costing & Variance Reporting

 Monthly ongoing engagement $720 / mo Monthly variance report by type with commentary

Inventory Valuation Support

 Per accounting period $640 / period Period-end inventory valuation with reconciliation

All prices in USD. Services can be engaged individually or in combination. Scope is confirmed at the start of each engagement.

How to get started

The process is straightforward. No lengthy onboarding, no surprises on scope.

01

Get in touch

Send a brief message describing your situation — which service interests you and what your operation looks like. No preparation needed.

02

Initial conversation

A short call or exchange to understand your production setup, current cost data, and what you're trying to accomplish. We confirm whether the service is a fit.

03

Scope confirmed

Scope, deliverables, and timeline confirmed in writing before any work begins. No surprises on what's included or what it costs.

04

Work begins

We start with the operational review, build or confirm the cost structure, and deliver the agreed output — with explanation, not just figures.

Common questions

Things clients often want to know before starting an engagement.

Can I engage more than one service at the same time?
Yes. Many clients find that product costing and variance reporting work well together — the cost structure from service one feeds directly into the standards used in service two. We'll discuss sequencing and combination during the initial conversation.
Do I need to have existing cost data in place?
No. We can work from your production records, bills of materials, and general ledger data — even if the cost accounting structure itself hasn't been formally set up yet. Part of the engagement is often building that structure from the available information.
How long does a product costing analysis take?
It depends on the number of products and the complexity of the cost structure. For a focused range, typically two to three weeks from information receipt to final report. For larger product ranges, we confirm timeline at scoping.
What information do you need from us?
Typically: bills of materials or ingredient lists, labor time records or routings, a summary of overhead costs, and a description of how production is organized. We'll confirm the exact data requirements at scoping and work with what you have rather than requesting ideal inputs that may not exist.
Is the monthly variance reporting service a long-term commitment?
We ask for a minimum of three months, which is the period needed to establish a meaningful baseline and see the reporting become genuinely useful. Beyond that, the engagement continues monthly and can be paused or ended with reasonable notice. Terms are confirmed at the start.
Do you work with specific ERP or accounting systems?
We work independently of specific systems — using exported data and working in formats that can be imported back if needed. We're system-agnostic and can work with whatever records and exports your operation produces.

Not sure which service fits? We can help you work that out.

A brief description of your situation is enough to start. We'll suggest what would be most useful and explain what it involves before anything is agreed.

Get in touch