Small businesses that manufacture products are required to account for all of the costs of production. One of these costs, overhead, is the cost of production that cannot be individually traced to ...

Accounting, the language of business, can certainly seem like a foreign language for those new to finance or owning their own business. Accounting terms -- such as labor, overhead and materials -- are ...

Costs in a business are traditionally divided into operating and administrative categories. Both are necessary for the company, but operating costs are closely tied to specific products and services ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

The Accounting Review, Vol. 68, No. 3 (Jul., 1993), pp. 576-601 (26 pages) Recent research on cost driver analysis by Miller and Vollman (1985) and Cooper and Kaplan (1987) suggests that transactions ...