Bookkeeping

The theory of marginal cost is grounded in microeconomic principles, emerging as a fundamental concept in the 19th century with the development of marginalist theory. It has since become integral to understanding and optimizing production and pricing decisions in businesses. With a proper understanding of your marginal costs, you can price to guarantee profitability. You […]

We reserves the right to update the Privacy Policy and Terms of Use with or without notice. Provided that you are putting in the correct numbers, the calculator will give you accurate and consistent results every time. Labor costs, material costs, and a portion of the fixed costs are all taken into account. One of […]

It is interesting to note that occasionally funds are restricted internally (i.e., management or the Board of Directors decides to restrict how some of the unrestricted funds are to be spent). The notes to the financial statements are an integral part of the statement of financial position, the statement of activities, and the statement of […]