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Period costs definition

In addition to indirect materials and indirect labor, manufacturing overhead includes depreciation and maintenance on machines and factory utility costs. The period costs could not be capitalized as they are not directly related to the production of the inventory and...

Cash vs accrual accounting

With cash basis accounting, you only need to consider money at the time it comes into or goes out of your business—when you get paid, or when you make a payment. The three accounting methods are cash basis of accounting, accrual basis of accounting, and a hybrid of...

What Is A Brokerage Fee? How Fees Work And Types

Another example is if you want a house however can’t put greater than, say, six percent down for a down fee, a dealer will allow you to find the proper 30-year mortgage that fits these wants. Next, calculate your trade charges by making use of the fee fee of 1.5% to...