Bookkeeping


In terms of decision-making information and analysis, the absorption costing method offers little assistance. Hence, these facilities will absorb full production costs and generate higher profits due to economies of scale. Activity-based costing addresses this limitation of absorption costing by identifying activity drivers and cost pools. It means the ABC […]

Absorption Costing Explained Pros, Cons, Importance, And More


Content Department of Taxation and Finance Tax Commissioner File State And Local Tax Deduction or SALT Starting in January of 2022, Metro employers are required towithhold the tax through payroll deductions for employees who earn more than $200,000 annually or for employees who opt into having the tax withheld. Your […]

Income Tax FAQs