by blogadmin | Nov 15, 2023 | Bookkeeping
Salary paid for the production floor manager is classified as a product cost since the cost is incurred for actual production of the product. Salary paid to an executive is a period cost, since the executive does not work directly on product production. Product costs,...
by blogadmin | Aug 15, 2023 | Bookkeeping
I appreciate you for sharing a detailed explanation of your concern, 4heather. Here’s how you can review all of your cleared transactions. Bob Haegele is a freelance writer specializing in topics such as insurance, investing and credit cards. His work has...
by blogadmin | Jun 29, 2023 | Bookkeeping
These models are not the same and are dependent on C-level management’s discretion. As explained earlier, companies also use share repurchases (buybacks) from existing shareholders to increase their BVPS. For instance, company ABC can increase its BVPS by repurchasing...
by blogadmin | Jun 14, 2023 | Bookkeeping
In this article, we explain what a statement of financial position is and why it’s a powerful tool to determine the financial health of your business. We also provide some tips to easily prepare and analyze it using financial planning and analysis technology....
by blogadmin | Apr 19, 2023 | Bookkeeping
Check out the average hourly rate for accounting services in your area. In addition to organized and accurate books, Boxelder is a one-stop shop for long-term financial health — which means you can ditch the delays of outsourcing your business accounting. Count on...
by blogadmin | Apr 6, 2023 | Bookkeeping
In particular, the use-case of the CM metric tends to be most practical for companies to set prices on their products and services appropriately to maximize their revenue growth and profitability. Alternatively, we can calculate the contribution margins of the firm by...
