Special order manufacturers and construction companies often assign direct and indirect expenses using job-order costing. A main reason is that assigning expenses on a per-job basis makes production ...

Accurate time tracking is critical to managing labor costs in order to achieve profitability for construction businesses, separating successful businesses from the rest of the pack. If labor costs ...

Job Costing is an important tool in evaluating your business performance. Without job costing, it’s difficult to understand where you’re making your money. You could be making a significant profit on ...

Cost accounting may not be the most exciting way for a business owner to spend a Friday night. However, understanding the basics of cost accounting can help you track costs, increase profits, and ...