As a small business owner, allocating costs through an accounting system is a necessary task. The process requires you to assign costs so that all components included in that cost are divided ...

As a former corporate controller and senior vice president of operations, I have experienced both sides of allocated overhead. I have learned manufacturing executives have more control over costs ...

Decision trees are useful modeling tools to help you make decisions. Decision trees offer a structure to organize options and help you understand the possible results of choosing specific options.

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Entrepreneurs, small business owners and managers need ...

Welcome back to the Cost Corner, where we provide practical insight into the complex cost and pricing requirements that apply to Government contractors. This is the second article in a multi-part ...

That’s the expert opinion of Google’s accounting professor, who says it “just makes sense if you want to track the costs of a particular activity, like R&D” in a separate profit and loss statement ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

A white paper issued by the Rail Passengers Association, “Amtrak’s Route Accounting: Fatally Flawed, Misleading & Wrong,” contends that Amtrak’s fully allocated cost methodology “grossly exaggerates ...

Dear Tony: Our strata consists of both apartment buildings and townhouses. We have a fire safety service agreement which involves annual inspections and testing of our safety systems. It does not ...