The Specific Expense % calculator computes a percent that shows the relation of specific expense over total expenses.
INSTRUCTIONS: Choose your preferred currency units and enter the following:
(SE) Specific Expense
(TE) Total Expenses
Expense %: The calculator returns the percentage of the total expense that is attributed to the specific expense.
General Information:
An expense is a cost that is "paid" or "remitted", usually in exchange for something of value. Also known as, money spent or costs incurred that are tax-deductible and reduce taxable income.
Resource:
Dopson, Lea R., and David K. Hayes. Managerial Accounting for the Hospitality Industry. Hoboken, NJ: Wiley, 2009. Print.
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