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  2. Gross margin - Wikipedia

    en.wikipedia.org/wiki/Gross_margin

    Cost of sales, also denominated "cost of goods sold" (COGS), includes variable costs and fixed costs directly related to the sale, e.g., material costs, labor, supplier profit, shipping-in costs (cost of transporting the product to the point of sale, as opposed to shipping-out costs which are not included in COGS), etc.

  3. Compensation and benefits - Wikipedia

    en.wikipedia.org/wiki/Compensation_and_benefits

    Adjust labor cost to financial results – the basic idea is to create a bonus plan where the company is paying more bonuses in ‘good times’ and less (or no) bonuses in ‘bad times’. By having bonus plan budget adjusted according to financial results, the company's labor cost is automatically reduced when the company isn't doing so well ...

  4. Cost of goods sold - Wikipedia

    en.wikipedia.org/wiki/Cost_of_goods_sold

    Materials and labor may be allocated based on past experience, or standard costs. Where materials or labor costs for a period fall short of or exceed the expected amount of standard costs, a variance is recorded. Such variances are then allocated among cost of goods sold and remaining inventory at the end of the period.

  5. Profit margin - Wikipedia

    en.wikipedia.org/wiki/Profit_margin

    Profit margin is an indicator of a company's pricing strategies and how well it controls costs. Differences in competitive strategy and product mix cause the profit margin to vary among different companies. [3] If an investor makes $10 revenue and it cost them $1 to earn it, when

  6. Marginal revenue productivity theory of wages - Wikipedia

    en.wikipedia.org/wiki/Marginal_revenue...

    The marginal revenue product of a worker is equal to the product of the marginal product of labour (the increment to output from an increment to labor used) and the marginal revenue (the increment to sales revenue from an increment to output): =. The theory states that workers will be hired up to the point when the marginal revenue product is ...

  7. Value, Price and Profit - Wikipedia

    en.wikipedia.org/wiki/Value,_Price_and_Profit

    Marx concludes that as value is determined by labour, and as profit is the appropriated surplus value remaining after paying wages, that the maximum profit is set by the minimum wage necessary to sustain labour, but is in turn adjusted by the overall productive powers of labour using given tools and machines, the length of the workday, the ...

  8. Labor Day Sales vs. Black Friday Sales: Which Ones Save You ...

    www.aol.com/labor-day-sales-vs-black-230048983.html

    Labor Day sales are a great way to save on gardening and lawn equipment. $329.99: Dyson V8 Origin+ Cordless Vacuum which is marked down from $419.99. Amazon Labor Day Sales.

  9. Value added - Wikipedia

    en.wikipedia.org/wiki/Value_added

    Therefore, the national value added is shared between capital and labor. [3] Outside of business and economics, value added refers to the economic enhancement that a company gives its products or services prior to offering them to the consumer, which justifies why companies are able to sell products for more than they cost the company to produce.