Learn about imputed costs, often known as opportunity or implicit costs, which represent the forgone benefits when choosing one action over another with your assets.

As a small business owner, allocating costs through an accounting system is a necessary task. The process requires you to assign costs so that all components included in that cost are divided ...

To stay profitable, a company has to determine the total expense of providing its products or services. Often, companies break these costs down on a department-by-department basis, by company program ...

As a former corporate controller and senior vice president of operations, I have experienced both sides of allocated overhead. I have learned manufacturing executives have more control over costs ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. Entrepreneurs, small business owners and managers need ...

Explore how insurance companies use losses and loss-adjustment expenses to manage unpaid claims. Learn about reserves, investigation costs, and insurance liabilities.

Cost approvers receive email notifications when expense reports are submitted for their approval and have 13 days to act on a report. Click the link in the email to log in to Concur to allocate and ...

Federal regulations require that similar costs be treated consistently as either direct costs or indirect costs, in like circumstances. This regulation imposes a requirement on the University to ...