This means that you can reduce your selling price to $12 and still cover your fixed and variable costs. Contribution margin is used to plan the overall cost and selling price for your products. Further, it also helps in determining profit generated through selling your products. The overarching objective of…

The employees also get $80 of fringe benefits and $50 as payroll taxes. When calculating direct labor cost, the company must include every cost item incurred in keeping and hiring employees. In addition to what the company pays the employees, it must consider costs to retain employees, such as payroll…

For other documents, you can use a scanner to scan them into your computer, or you can take photos using your cell phone. Many Americans find the tax season stressful, but this year’s filing process could be worse than ever. On IRS.gov, you can get up-to-date information on current events…

Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Career Growth Opportunities Job Summary We are seeking a talented Bookkeeper to join our team. In this role, you will work closely with the Accounting department to maintain accurate financial … Bookkeeper…

When a company engages in factoring, the factoring company evaluates and monitors the company’s customers’ credit. This reduces the company’s exposure to late payments, defaults, and bad debts. Factors often have extensive experience in credit assessment and collection. Seven Foolproof Ways to Boost Your Cash Flow Enjoy non-recourse factoring with…

If forensics bring up images of NCIS crime scenes, your deductive skills are up to par! Forensic accounting does require a certain degree of digging and detective work. Explore a curated selection of the best Accounting courses for beginners. Gain the essential knowledge and skills needed to excel in Accounting.…