Editor’s note: The authors are CPAs and partners at Baker Tilly Virchow Krause. Overhead: It’s a term sometimes so fraught with complexity that it can almost seem like a dirty word. But for many ...

Last month, we provided an article on overhead calculation and rate. That was Overhead Rates 101. In this month’s guest column, Ken Hedlund, Somerset CPAs (somersetcpas.com), introduces a more ...

Never, never use a single metric to draw conclusions. It takes three or four to produce a sound conclusion. Look at cost, but also look at equipment reliability, staffing, basic practices in use, and ...

Many contractors don’t know their exact job costs, equipment costs, overhead budget and how much profit they should make. Without an understanding of your numbers, working hard in a financial vacuum ...

Special order manufacturers and construction companies often assign direct and indirect expenses using job-order costing. A main reason is that assigning expenses on a per-job basis makes production ...

Every now and then, you must be controversial and address a subject where your beliefs run counter to common practice. Overhead and overhead-cost recovery is one of these subjects. The controversy has ...

Linemen provide an essential service and must be protected so they can provide power to their communities. In the midst of the ongoing COVID-19 crisis, a reasonable, effective action plan for overhead ...