Learn what prime cost means, its formula, and calculation methods to optimize profit margins and pricing strategies in manufacturing.

Employers may calculate the regular rate of pay for employees paid on a piece-rate basis — i.e., those paid per unit of production rather than a period of time — by dividing the employees' earnings by ...

GDP is one of the most important numbers in modern economics, but few people really know what it means. Learn what you need to know in this handy explainer. Governments have used many indicators to ...

Post-production cost deductions are a common source of royalty litigation. Local lease-interpretation rules determine whether particular deductions are proper and defensible in court. Different ...

(Nanowerk News) By using a statistical technique and artificial intelligence, which is known as clustering, researchers from Solar Energy Institute at Universidad Politécnica de Madrid (IES - UPM) and ...

Two scientists are challenging the currently accepted norms of biofuel production. Calculations of greenhouse gas (GHGs) emissions from bioenergy production are neglecting crucial information that has ...