Many recipes will offer the “per serving” estimate, but here's how to figure out how much the total recipe will cost you based on every ingredient you're using. When not writing, Jeff spends his free ...

Important metrics for every business manager are the breakeven sales price and total operating costs. They are benchmarks that need constant attention to improve productivity and control or reduce ...

Paying attention to manufacturing costs is a necessity, no matter the size of your business, but for smaller enterprises that have lower cash reserves, carefully monitoring the production expenses is ...

Calculating the total cost of ownership (TCO) involves comparing the overall cost of a vehicle or fleet, like maintenance, against the remaining positive value of the vehicle or fleet in question. As ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

In accounting and business, the breakeven point (BEP) is the production level at which total revenues equal total expenses.

Direct labor rates are the labor costs directly resulting in the production of a product or delivery of a service. These costs include wages, payroll taxes, insurance, retirement matches, and other ...

Cost basis is the original purchase price of an asset. Tracking cost basis is key to tax-efficient investing. Many, or all, of the products featured on this page are from our advertising partners who ...