Job Order Costing: Track Job Costs for Profitability

But the fact that every product is different makes this task quite difficult. The formula for computing the departmental predetermined manufacturing overhead rates is presented below. For example, in January, we used a total of $200,000 raw materials in production....

Payroll Taxes 101: A Guide to Employer Payroll Taxes

Whenever you withhold amounts from an employee, you must remit those amounts, including the employer’s share of CPP and EI, to the CRA. These payments are due by a certain date that is specific to each employer. This clear understanding of duties paves the way...