What is the proportion of material cost to total production cost for microelement?

The share of raw material prices in the total costs for microelement depends upon the different materials a producer used in his production. In the manufacturing sector, substance cost accounting is a fundamental requirement for achieving success. To be aggressive and profitable, manufacturers need to understand and manage the material cost. In the current economic conditions, many producers have been searching for Ways to improve content efficiency, in order to maintain profitability and competitive advantage through providing maximum profit to customers.

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