Shelby is an editor with an affinity for covering home improvement and repair, design and real estate trends. She also specializes in content strategy and entrepreneur coaching for small businesses, ...

Businesses calculate the shipping cost as a percentage of inventory to better understand logistics expenditures on shipping relative to products held. A company can than compare this figure with other ...

The plant-wide costing method assesses your entire business overhead when determining product prices. While this method is simple, it is recommended only for companies that produce a single product or ...