Every business owner should understand the cost of production. Whether you manufacture tires, bake cookies or wash windows for a living, you need to know your costs per unit to ensure you are charging ...

The fundamental financial concept behind unit cost is simple. A business takes all costs and expenditures that it needs to produce a quantity of goods or services, and then divides these amounts by ...

There are many inputs related to the production of goods and services, not to mention the associated production costs. These expenses can be divided into different categories. Direct costs and ...

Many words in the industry have multiple meanings and can sometimes get people’s heads in the wrong place. Cost of production, peer groups, transition planning and business structure are a few of them ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing. Amy ...

A new modeling tool helps kelp farmers uncover major cost-saving strategies by analyzing real-world conditions and farm designs. Farming kelp for use in foods, beauty items, fertilizer additives and ...

Be ready for a big profit swing for 2023 — to the downside. Early projections show higher costs and lower returns. In central Illinois, for example, the 2023 return for high-productivity farmland is ...

According to a new study from Rystad Energy, the UK led the world in cutting the cost of its offshore oil and gas production. Low oil and gas prices and production surpluses have forced companies to ...

Well, it depends on the region, mine and company (e.g., whether it is a junior or a senior company), and it varies over time. For example, the recent socio-political shifts in South Africa have ...

A film’s budget plays a dominant role throughout the film’s life cycle—with implications going far beyond the mere cost of the film. Perhaps the most tangible aspect of a film’s budget is that the ...