LearningCat: Allocation of Expenses and Revenues

Direct Expenses
Across all businesses, there are some primary costs that are associated with it, and these ones are known as direct expenses. They are directly linked with the manufacturing of products or services. These expenses are essential in establishing the Cost of Goods Sold (COGS), which impacts the profitability of the business. The reason is that […]
Resource Allocation
What is resource allocation? Resource allocation is the procedure of distributing and handling in a way that assists an organization’s strategic roadmap goals. In order to maximize the utilization of softer assets like human capital, resource allocation involves managing physical assets like hardware. Allocating resources entails juggling conflicting demands and priorities and choosing the best […]
Indirect Expenses
Several costs are associated with running any business. These costs are divided into direct and indirect expenses. Direct costs are related to the manufacturing of products and delivering a service, while, on the other hand, indirect costs do not have any impact on production on a direct basis, but these are essential for a business […]