You can track your small business' manufacturing costs several ways, but the most important thing you must do is separate direct costs and labor costs. This lets you know where you are spending your ...

Management accounting analyzes all real and value-based costs within a manufacturing firm's operations. This information is used internally by managers to better run the company and is not reported to ...

Learn to analyze manufacturing companies with key financial ratios for profitability and efficiency. Gauge inventory turnover, maintenance costs, and more to make informed investments.

Cost accounting examines how a company spends money. All expenses are recorded and analyzed in detail and then reported to management, who uses this information to identify ways to increase efficiency ...

Anna Baluch is a freelance writer from Cleveland, Ohio. She enjoys writing about a variety of health and personal finance topics. When she's away from her laptop, she can be found working out, trying ...