Businesses incur both direct and indirect costs when producing products. Direct costs include the labor and materials that immediately went into creating the particular item for sale. Indirect costs ...

Cost allocation is the process through which a business allocates funds during the budgeting process. As a small business grows and different teams form, a new form of cost allocation is available: ...

Overhead allocation is a source of great disagreement in our industry. Should the allocation be based on job price? On job cost? Per project? Or per field man-hour. We understand the pros and cons of ...