Cost control is the practice of identifying and reducing business expenses to increase profits, ... a toy manufacturer has a $50,000 unfavorable variance in the material expense account, ...

Scheduling and cost control are closely-related concepts that serve as the foundation of project management. Any business that engages in ongoing or project-centered production needs to emphasize ...

Labor and equipment are two of the most significant costs for most production and merchandising businesses. Any business that has staff should consider the cost control implications of hiring ...