It's GAAP compliant and accurate, but it may be misleading J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of ...

Jonathan Ponciano is a financial journalist with nearly a decade of experience covering markets, technology, and entrepreneurship. Suzanne is a content marketer, writer, and fact-checker. She holds a ...

Two methods are commonly employed to value inventory -- variable costing and absorption costing. The difference between the two is in their treatment of operational overhead. Variable costing only ...

The generally accepted accounting matching principle requires manufacturing and service businesses to include direct and overhead expenses in product and service costs and, when appropriate, in ...

Analyzing costs can help companies make strategic, financially sound decisions. Activity-based costing and absorption costing are two popular accounting methods that companies employ when evaluating ...

Linear programming and optimal product mix decisions directed toward maximizing accounting income typically have assumed the use of direct costing. However in this article a linear programming model ...