Important metrics for every business manager are the breakeven sales price and total operating costs. They are benchmarks that need constant attention to improve productivity and control or reduce ...

The high-low method is used in cost accounting to estimate fixed and variable costs based on a business's highest and lowest levels of activity. By focusing on these extremes, the high-low method ...

Every business has fixed costs, which play roles in determining break-even points. Businesses also have variable costs, which make finding the actual break-even point more difficult than in ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

There are many costs associated with running a business, but all of those costs don’t fall into the same bucket. One type is overhead costs, which are expenses not tied directly to the production of a ...

I am trying to calculate the total cost of keeping X number of servers running. Are there any industry standard estimated numbers I can use for this? Or to put it another way, I would like to be able ...

One of the most important and challenging aspects of the bidding process is including the cost of machine usage. Many construction companies struggle to determine whether they should be including just ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing. Amy ...

Knowing how much it costs to produce an acre of crops is more important than ever as farmers face ever-tightening margins.