Discover what applied cost means in accounting, how it works with allocation rates, and see an example to understand its role ...

Until now, cost accounting as a useful tool in hospital financial decision-making has been widely ignored. Although the RCC (ratio of cost to charges) approach still used by 70 percent of healthcare ...

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 ...

In a prior article, I wrote about the appeal of counting the Federal Government as a customer, because of the size of the government’s budget, as well as its creditworthiness. In that article, I ...