Similar to financial accounting, managerial accounting accumulates and analyzes data to make logical economical decisions. "Variable costing" is an accounting decision-making tool that managers ...
A manufacturer has two general ways to account for fixed manufacturing costs: variable costing and absorption costing. Under variable costing, you do not include fixed manufacturing costs in your ...
Net operating income (NOI) measures a company's profit from its core operations before taxes and interest. A high NOI indicates efficient management and controlled costs; a low NOI suggests rising ...