You can track your small business' manufacturing costs several ways, but the most important thing you must do is separate direct costs and labor costs. This lets you know where you are spending your ...

Manufacturers have a whole host of costs that they must account for in the manufacturing process. The costs may be divided into two categories: direct costs and indirect costs. Indirect costs often ...

Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...