por admin | Mar 30, 2023 | Bookkeeping
A company has to pay its office rent and utility bills every month regardless of whether it produces 1,000 products or no products at all, for example. Direct costing assigns the direct costs of producing a good or service to that product, while absorption costing... por admin | Ago 29, 2022 | Bookkeeping
If a reduced price is established for a special order, then it’s critical that the revenue received from the special order at least covers the incremental costs. The reason why there’s a lower incremental cost per unit is due to certain costs, such as fixed... por admin | May 24, 2021 | Bookkeeping
If the IRS comes sniffing around, you need to prove that your tax return claims are legitimate. The simplest type of accounting for your tax return is cash basis accounting. Cash basis will track income when it is received and expenses when they payout....