How to Reduce Manufacturing Overhead Costs

Manufacturing overhead costs are a significant category of expenses for many manufacturers and job shops today. Manufacturing overhead costs take on many definitions and can be allocated in several ways, thus getting a sense of what costs are in manufacturing overhead...

Why Cost Accounting Does NOT Work

In this article we explain why cost accounting including activity based costing, does not work.  We discuss job shop costing methods and shop rates using traditional Cost Accounting. We cover the actual and allocated direct labor methods, department rate method, cost...