Income Statement: How to Read and Use It
So if you spend a large amount of money on an essential piece of equipment, and you’re depreciating part of…
Bookkeeping
Income Statement Analysis: How to Read an Income Statement
The statement displays the company’s revenue, costs, gross profit, selling and administrative expenses, other expenses and income, taxes paid, and…
Understanding the Differences: Billable, Non-Billable, and Total Work Hours
Adding these expenses together, your total monthly overhead would be approximately $9,400. We’ll break down these elements, offering actionable insights…
Direct labor rate variance explanation, formula, reasons, example
This affects how much an employee gets paid for overtime and if they can get benefits. To increase billable hours,…