Why is the distinction between product costs and period costs important? What is a product cost? Are direct costs fixed and indirect costs variable? What happens when the high-low method ends up with a negative amount? How do I compute the product cost per unit?
What is a product cost? What is the difference between product costs and period costs? How do you determine the fixed portion of overhead cost? Why is the distinction between product costs and period costs important? Are direct costs fixed and indirect costs variable? Related In-Depth...
Recessions, they argued, start at the peak of the cycle and end at the bottom of the trough, which is when the next period of expansion begins. Today, we know that recessions are caused by imbalances in the market. While we can’t know when the next recession will come, or how much...
What is a Discount Period? Definition: A discount period is the amount of time a cash discount is available for a customer to make a reduced cash payment. In other words, this is the time period that a vendor is willing to reduce the price of a product if the customer will pay for ...
If you are not bound by state payday requirements, you can choose whichever pay period works best for you and your workers. Employees, especially those in low-wage jobs, usually prefer to be paid more often, but as your pay frequency goes up, so does your payroll processing costs. You’...
The 6 main types of inventory costs are: 1. Ordering Costs Definition:Expenses incurred each time an order is placed to replenish inventory. Components: Purchase Orders:Costs associated with creating and processing orders. Shipping Fees:Costs for transportation of goods fromsuppliersto the warehouse....
You can withdraw funds, pay them back and borrow again during the draw period. Chase does not currently offer Home Equity Lines of Credit (HELOCs) in all states. Please talk with a Home Lending Advisor to see if HELOCs are available in your state. Home equity loan: This is a lump-...
Is a Standard Cost Different from a Budget? A standard cost is not the same as a budget. A budget is an estimate of expenditures for a specific accounting period, typically aquarteror year. Standard costs are estimates used for totals in some of the line items in that budget, as they ...
The loss of time value happens even if the value of the underlying asset has not changed during the same period. Another way to look at options contracts is that they arewasting assetsmeaning their value declines or depreciates over time. ...
Microsoft’s net profit margin is calculated by dividing its total net income of $24.7 billion by its net sales (total revenue) of $65.6 billion and multiplying that figure by 100. So, Microsoft’s net profit margin for the period was 37.7% ($24.7 billion ÷ $65.6 billion × 100). ...