Contrasted with general accounting or financial accounting, the cost accounting method is an internally focused, firm-specific system used to estimate cost control, inventory, and profitability.

Iron Chef Jose Garces’ Village Whiskey, located inside Revel Casino Hotel, will offer a class on Scotch whiskeys 7 p.m. Feb. 20.

Gross margin represents the amount of total sales revenue that a company retains after incurring the direct costs associated with producing the goods sold by the company.