Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Charlene Rhinehart is a CPA , CFE, chair of ...

The world of microeconomics and business decision-making hinges upon a key concept: marginal cost. In the simplest terms, marginal cost represents the expense incurred to produce an additional unit of ...

Calculating the total cost of ownership (TCO) involves comparing the overall cost of a vehicle or fleet, like maintenance, against the remaining positive value of the vehicle or fleet in question. As ...

The All Inclusive Sustainable Cost ("AISC") is a very poor measure for evaluating mining company's relative performance. Without a strict definition, mining companies can manipulate the measure. This ...

In accounting and business, the breakeven point (BEP) is the production level at which total revenues equal total expenses.

To run a company successfully, you need to know everything about your business, including its financials. One of the most critical financial metrics to grasp is the contribution margin, which can help ...