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Category Archives: Bookkeeping
Manufacturing Overhead Understanding Indirect Production Costs
While rent stays mostly the same throughout the year, utilities often vary depending on consumption. For this reason, rent is mainly fixed, whereas most utilities are considered a variable or semi-variable overhead expense. Indirect utilities also include the internet
Contribution Margin Ratio: What It Is and How to Calculate It
The contribution margin measures how efficiently a company can produce products and maintain low levels of variable costs. It is considered a managerial ratio because companies rarely report margins to the public. Instead, management uses this calculation to help improve
