Labor can account for the largest expense of manufacturing products. You should always keep track of your labor cost per unit to make sure that wages are not growing faster than profits. To do this, ...

Overhead rates are measures of business expenses other than those directly related to producing or providing products and services. In a large or diversified company, multiple overhead rates may be ...

Direct labor rates include wages, taxes, and benefits directly tied to producing goods or services. Exclude indirect labor like supervisors from direct labor rate calculations. Monitoring direct labor ...

Sometimes a company will elect to lease a fixed asset instead of purchasing it outright. This could be driven by attractive lease financing terms, balance sheet management, or other reasons. If a ...