This is a Managerial Accounting concept. Why is the term 'denominator' used in Managerial Accounting to denote the number of fixed overhead costs?
I am familiar with the difference between a numerator and a denominator, but the term is confusing me as applied to managerial Accounting.
Any help would be appreciated. Thanks.
I am familiar with the difference between a numerator and a denominator, but the term is confusing me as applied to managerial Accounting.
Any help would be appreciated. Thanks.