Bookkeeping

This makes it possible to assign indirect labor costs to different products by using the same method for allocating direct labor costs to products. Once you have identified your manufacturing expenses, add them up, or multiply the overhead cost per unit by the number of units you manufacture. So if…

Her mortgage expertise was honed post-2008 crisis as she implemented the significant changes resulting from Dodd-Frank required regulations. Balancing a checking account—aka balancing a checkbook—probably isn’t on your list of fun activities. But keeping up with your spending and income is a must, and that’s exactly what balancing a checkbook…

In conclusion, the decision to pursue a CMA certification is a significant investment, but for many finance and accounting professionals, it is undoubtedly worth it. Next, let’s look at how a CMA certification can help your career growth. First, it is considered the “gold standard” of management accounting in the…

In conclusion, the decision to pursue a CMA certification is a significant investment, but for many finance and accounting professionals, it is undoubtedly worth it. Next, let’s look at how a CMA certification can help your career growth. First, it is considered the “gold standard” of management accounting in the…

A high level of customer satisfaction indicates that a company is providing excellent service to its customers and is effectively managing its accounts receivable. Bad debt expense measures the amount of money that a company law firm accounts receivable management loses due to uncollectible accounts receivable. A lower bad debt…