Uncategorized

Uncategorized means improper arrangement, classification of objects. Uncategorized also describes that topic is without category. Uncategorized is also like unsorted, undefined etc.

Financial Leverage

Financial leverage is the type of debt that a business entity or a firm utilizes to purchase more assets in order to run business operations. A business entity utilizes financial leverage in the case when it is hesitant to invest equity capital into business

Activity Based Management

Activity based management can be defined as a method where all the activities within in a business are identified and evaluated using the costing method called activity based costing. In other words activity based management is a method through which administration finds out how

Manufacturing Cost Definition

Manufacturing Cost Definition: Manufacturing cost is equal to total direct materials cost plus direct labor cost plus Factory overhead. It is also called total factory cost. Formula of prime cost can be written as: Prime cost  = Direct materials + Direct labor Relevant terms:

Least Cost Decisions

Least Cost Decisions: Revenues are not directly involved in some decisions. For example, a company that does not charge for delivery service may need to replace an old delivery truck, or a company may be trying to decide whether to lease or to buy
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