It is not always practical for a company to keep track of actual costs of each item in inventory. Goods may be sold in random batches, and it is easy to lose track of inventory costs in relation to ...

Plastics processors are fortunate to have several options for managing and calculating costs. In part one of this series, we discussed the benefits of a production profit contribution model. This ...

Calculating the cost basis of an investment is important for tax purposes Kesavan Balasubramaniam is a freelance writer who covers a wide array of investing topics, including retirement, FX trading, ...

The accounting for the costs of inventory depends on the cost flow method you chose. The four ones in common use are last in, first out (LIFO), first in, first out (FIFO), specific identification and ...

Investors who decided to hedge their bets on the stock market and sold off part of their holdings in a particular mutual fund last year may save some tax by taking advantage of the "average cost" ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...