The Total Cost of Raw Materials=$6,500,or $5,000+$1,500The Total Cost of Labor=$750, ... The formula for calculating prime cost is: Prime Cost = Raw Materials + Direct Labor.

Understanding how to calculate the Cost of Goods Sold (COGS) is essential for any business owner. COGS represents the direct ...

Formula for Calculating Total Cash Flow. Projecting your cash flow is critical to keeping your doors open, because profits on paper don't always ensure you can pay your bills when they're due.

Everyone in trucking talks about cost per mile. And yes, it matters. But if that’s the only metric you’re tracking, you’re ...

Here's the formula to calculate cost of equity using this method: Image source: The Motley Fool For example, if each share of Company X trades for $50 and produces a $1 annual dividend, it has a ...

For instance, if a factory produces 100 widgets at a total cost of $1,000—and producing 101 widgets costs $1,009 in total—the marginal cost of that one extra widget is $9.

Determining the total cost of ownership (TCO) of a software purchase is a complex process, rife with follow-on and hidden factors that must be taken into account. Here’s how to achieve a more ...