Content Is Variable Costing More Useful Than Absorption Costing? Managerial Accounting Best Account Payable Books of All Time – Recommended Absorption Costing Formula: Absorbing Overheads In variable costing, fixed manufacturing overhead is included in the cost of the product. Since absorption costing distributes fixed overheads to the total production cost, it does not help management Read more about 6 1 Absorption Costing Managerial Accounting[…]

Content FOB (shipping) Who Retains Risk in FOB Shipping Point? Other Incoterms Difference between Free Onboard (FOB) Shipping Point and Free Onboard Destination Factors That Determine LTL Freight Costs The amount of inventory and cost of goods on the books changes as well, depending on where the goods are and the FOB status. And of Read more about Should You Ship FOB Shipping Point or FOB Destination?[…]

Content Set customers up with autopay Five Tips for Following Up on Accounts Receivable Maintain positive relationships with customers Why is tracking DSO important? That means it takes the business on average 51 days to collect on their invoices. Days sales outstanding is one of the best indicators of your business’ well-being. Keeping a close Read more about Days Sales Outstanding DSO Defined[…]