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Manufacturing Overhead Costs Explanation

While we have many project views, the kanban board contains key details on how much you’re spending on production. Use it to centralize manufacturing processes and collaborate with your team so you know how much you’re spending during production. The manufacturing overhead rate is a key metric that helps businesses allocate indirect manufacturing costs […]

Current Assets: What It Means and How to Calculate It, With Examples

If customers and vendors won’t pay their debts, the AR isn’t that liquid. This is another reason why management should always evaluate the current accounts for value at the end of each period. Prepaid Expenses – Prepaid expenses are exactly what they sound like—expenses that have been paid before they were consumed. A six-month insurance policy […]

Manufacturing overhead MOH cost How to calculate MOH Cost

The manufacturing overhead cost for this would be 100 multiplied by 10, which equals 1,000 or $1,000. When you do this calculation and find that the manufacturing overhead rate is low, that means you’re running your business efficiently. The higher the percentage, the more likely you’re dealing with a lagging production process. As the […]

Debt to Equity DE Ratio: Meaning, Formula, Calculation, Interpretation, Example

Like the D/E ratio, all other gearing ratios must be examined in the context of the company’s industry and competitors. It’s useful to compare ratios between companies in the same industry, and you should also have a sense of the median or average D/E ratio for the company’s industry as a whole. Put another way, […]

Hedge Accounting: Definition, Different Models, and Purpose

Before developing a hedging strategy, it’s helpful to understand the three main areas of risk and the tools available to manage them. Hedging is fundamentally a protective strategy reflecting a company’s attitude toward risk. Companies can hedge to manage risk in critical business areas, such as commodities, foreign exchange, and interest rates. Volatility or unpredictability […]

Enrolled Agent Salary

The length of time required to become an enrolled agent is much less than the amount of time required to become a CPA. A senior-level enrolled agent with between 10 and 20 years of experience can typically expect to earn an average salary of $55,000. Agents with more than 20 years of experience may see […]