by jayne | Nov 6, 2023 | Bookkeeping
Examples of variable costs may include direct labor costs, direct material cost, and bonuses and sales commissions. For businesses selling products, variable costs might include direct materials, commissions, and piece-rate wages. For service providers, variable...
by jayne | Aug 17, 2023 | Bookkeeping
You also have the raw materials you use to manufacture your products. If you make juice, those raw materials will include fruit, food coloring, sugar, preservatives, and so on. Whatever goes cost calculatation of goods sold for your business into the product you’re...
by jayne | Aug 3, 2023 | Bookkeeping
A lower or negative NPV suggests that the expected costs outweigh the earnings, signaling potential financial losses. Therefore, when evaluating investment opportunities, a higher NPV is a favorable indicator, aligning with the goal of maximizing profitability and...
by jayne | Jan 18, 2023 | Bookkeeping
Still, investors are looking for future iPhone growth, and many analysts say a potential iPhone with artificial intelligence features could do the trick and help the company snag customers from Android. This is why some companies rely on the perceived value of a...
by jayne | Jun 10, 2022 | Bookkeeping
The accounting talent crisis indicates the broader underlying issues in the accounting profession. Some of these issues are because of how clients work with their accountants. Staffing shortage poses a serious threat to the very fabric of accounting services firms....
by jayne | Feb 16, 2022 | Bookkeeping
By preparing a trial balance, you make sure your accounting is correct before creating financial statements for the accounting period in question. The trial balance tallies all your debits and credits for the accounting...
