Managers and employers need reliable employees to maintain a level of productivity. Hiring permanent staff adds expenses that a company must meet regularly. In an effort to manage expenses and ...

To predict what your costs will be if you change your production volume, you have to find your variable costs. You can then find the variable cost per unit and estimate what your costs will be for a ...

Fixed expenses are consistent and expected bills you pay each month, such as a mortgage or rent, a cellphone bill and a student loan payment. Car insurance, home insurance and life insurance are also ...

There are many costs associated with running a business, but all of those costs don’t fall into the same bucket. One type is overhead costs, which are expenses not tied directly to the production of a ...

Last month, we discussed various pricing methods, and how aggressive pricing models do not necessarily generate operating losses if one controls costs in sync with aggressive pricing to generate a ...

What if you lived in a world where a new Toyota at one dealership cost $40,000, but the same Toyota at another dealership cost $200,000? It would seem absurd, but easy to manage. You would simply go ...

NEW ORLEANS, LA — Although it's commonly thought that in the US, uninsured patients can buy a 30-day supply of a generic heart-failure drug for as little as $4, a price that low may be the exception ...