Lean Inventory Valuation without Standard Costing

Presented By:

Nick Katko/Brian Maskell

Session Abstract:

This session focuses on how to value inventory for financial reporting

Learning Objectives:

“In this session you will learn…”

  • How to capitalize labor and overhead with a journal entry
  • How to turn off standard costing
  • How to eliminate variances from your financial reports

About the Facilitator:

BMA Inc. consultants are experts in Lean Accounting, and Lean Manufacturing. Our services include education, training, consulting, and business counseling to companies involved in the transformation to lean.