J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Andy Smith is ...

Running a business demands that you keep a pulse on the financial factors that affect net profits. Two of those factors are accounting costs and economic costs. Although the two terms sound similar ...

Product warranties present manufacturers with a bit of a conundrum. The warranties offered on a product are a part of what the customer purchases when he decides to buy the product in the first place.

Since various accounting costs are used in product pricing decisions, this paper identifies conditions under which a particular product cost is appropriate for use in product pricing. The approach ...

Introducing new products into the marketplace ranges from being a relatively routine event for some companies to being a major decision for others. In either case, it is a complex resource and costing ...

You drop a product when it loses money. Simple. But, as with most “simple” things, it’s always a good idea to apply a little extra thought. Going back to your cost accounting course in college, you ...

The Financial Accounting Standards Board’s recently issued accounting standards update on how to account for the production costs of movies and television episodes provides more clarity on how to deal ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

There is an obscure accounting battle bubbling up around the world that has broad implications for how to run a business. The battle begins when a company starts to implement "lean manufacturing," a ...