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Keeping track of production quantities and costs is a natural part of a company's work. Estimating costs for the next period based on activity
Keeping track of production quantities and costs is a natural part of a company's work. Estimating costs for the next period based on activity and costs from prior periods is also common practice. Data visualizations can provide a unique perspective in the analysis of these costs over time. For example, the following column charts reveal a company's trends in its DM, DL, and MOH costs over the previous four quarters for the production quantities specified. $25,000 $150,000 Actual Overhead $250,000 $200,000 $200,000 $200,000 $200,000 $150,000 $150,000 $150,000 Direct Material Cost Direct Labor Cost $30,000 $250,000 $24,000 $200,000 $21,000 $20,000 $18,000 $140,000 $15,000 $15,000 $10,000 $100,000 $90,000 $75,000 $50,000 $5,000 $- $- Q1 Q2 03 Q4 Q1 Q2 Q3 Q4 ull mull $100,000 $50,000 Q1 Q2 Q3 04 To access these visualizations within Tableau, please click here. Within Tableau, you can hover over the figures to see additional detail. The figures shown here include all relevant detail.
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