Product costing is the process of assigning costs to inventory and production based on the expenses that go into producing or buying inventory. It is an especially important process for manufacturers, ...

Product costing is a methodology associated with managerial accounting, i.e., accounting intended to serve management in an operational context rather than to measure corporate performance as such, ...

Please note: This item is from our archives and was published in 2013. It is provided for historical reference. The content may be out of date and links may no longer function. Ramji Balakrishnan, Eva ...

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 ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Michael Boyle is an experienced ...

The supply chain disruptions that characterize the COVID-19 pandemic can wreak havoc with profitability. As sources of supply constantly shift, it’s difficult for the product engineers, cost ...