As a small-business leader, taking care of the bottom line is critical for growth, as well as for maintaining your current payroll and customers. Understanding sales price variance can help you ...

Daniel Jassy, CFA, is an Investopedia Academy instructor and the founder of SPYderCRusher Research. He contributes to Excel and Algorithmic Trading. David Kindness is a Certified Public Accountant ...

Variance is a key statistical measure that represents the degree of spread or dispersion in a dataset. It quantifies how much individual data points differ from the mean (average) value of the dataset ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Q: I understand how a one-product company calculates its breakeven point, but how is the calculation done when you sell multiple products? My firm sells two products, chairs and bar stools, for $50 ...

For companies that sell more than one product, it is helpful to calculate how much each individual product contributes to the overall company's sales and profits. To do that, we calculate the margin ...