by pay@crispino.us | Sep 22, 2025 | Cost & Managerial Accounting, Terminologies
The difference between sales revenue and variable costs. It contributes toward covering fixed costs and generating profit. Used in cost-volume-profit analysis.
by pay@crispino.us | Sep 16, 2025 | Cost & Managerial Accounting, Terminologies
Expenses not directly traceable to a product or service, such as utilities or office salaries. Allocated based on estimates or cost drivers. Form part of overhead.
by pay@crispino.us | Sep 5, 2025 | Cost & Managerial Accounting, Terminologies
The study of differences between actual results and budgeted or standard figures. Identifies areas requiring attention or improvement. A vital managerial accounting tool.
