Once we have calculated the OAR this then needs to be applied to the actual activity levels. At the end of the accounting period it was determined that the actual labour hours in Production 1 were 12,650 and Production 2 were 6,100. (ii) Since the […]
Regular market researches help to have reasonable quality assurance and updates on product designs. This Iconotech video looks at the cost savings if you switch from pre-printed case inventories to generic case inventories. Put simply; the term refers to items that are either impossible or […]
Having a high EBITDA thanks to income smoothing might translate into high valuation through EBITDA multiple calculation methods. Therefore, the higher the negative of this correlation is, the higher the degree of income smoothing is. Jones model is used in this article to calculate managed […]
However, the $50 of allocated fixed overhead costs are a sunk cost and are already spent. Therefore, the cost to produce the special order is $200 per item ($125 what are incremental costs + $50 + $25). The long-run incremental cost for lithium, nickel, cobalt, […]
Bookkeeping services for small business is another service clients want and expect from their accountants. Again, bookkeeping is the day-to-day task of recording transactions and maintaining up-to-date records. There are three pricing tiers for QuickBooks Live, which are based on your business’s monthly expenses. Our […]