We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...
Two accounting terms this article will look at are transfer price and standard cost. While an item's standard cost can be used to determine its transfer price, the two values are inherently different.
Direct costs can be easily traced to their cost objects. Cost objects can include goods, services, departments, or projects. Direct costs include: Direct labor Direct materials Manufacturing ...