How to Calculate Predetermined Overhead Rate: Formula & Uses

Our mission is to empower readers with the most factual and reliable financial information possible to help them make informed decisions for their individual needs. At Finance Strategists, we partner with financial experts to ensure the accuracy of our financial content. This can result in abnormal losses as well and unexpected expenses being incurred. Let’s […]

Nonmanufacturing overhead costs definition

These fringe benefit costs can significantly increase the direct labor hourly wage rate. Other companies include fringe benefit costs in overhead if they can be traced to the product only with great difficulty and effort. Direct materials are those materials used only in making the product and are clearly and easily traceable to a […]

Regulation Fair Disclosure Reg FD: Definition, Transparency

This article will define disclosure and show why it’s important as it relates to companies and investors. The SEC imposes stricter disclosure requirements for firms in the securities industry. For example, company officers of investment banks must make personal disclosures regarding the investments they own and investments owned by their family members. The Securities and […]

Employers should value staff as an asset not an expense, says new paper

Their skill may consist of training and development programs, expertise in a specific field, a keen understanding of the procedure of work, work culture, and overall system. Satisfied and happy employees deliver high performance and productivity, thereby increasing the profits of the organization. Their employee’s skills, abilities, knowledge, and experience are intangible and invaluable assets […]