Bookkeeping

Step-by-Step Guide to Calculating WIP Inventory for Manufacturers

Total manufacturing cost is an invaluable KPI for measuring the profitability of a business and can offer a quick insight into whether to set a higher selling price. Some people consider not storing the WIP and keeping it on the assembly line instead. While this might solve your storage problem, it creates a backlog in Read Post

Income Tax Rates and Brackets Minnesota Department of Revenue

Utah is frequently cited as a model of “balanced taxation,” with moderate property and sales taxes that supplement income-based revenues, allowing for broad funding of education, infrastructure, and public health programs. The flat tax applies to all personal income, and although it offers simplicity, critics argue it reduces the state’s flexibility to adjust revenues in Read Post