Articles related to product cost
Direct and Indirect Costs - Business Finance - About.com
Part of the process of pricing your product is including the costs of producing that product. These costs are called direct and indirect costs.
What is the Definition of Cost in a Business Firm? Product and ...
Defining and calculating product costs. Answer: In managerial accounting, and in the real world in a business firm, one of the most important concepts is that of ...
Pricing your Product Using Markup - Business Finance - About.com
There are many ways to price the product or service you sell. Many of them involve some sort of markup. You can calculate a markup based on the cost of the ...
Product Costs - Arts and Crafts as a Business - About.com
Product costs are any costs that relate to manufacturing or merchandising an item for sale to customers.
Fixed and Variable Costs When Starting a Business
Variable costs, however, do change with the volume of the product you sell. It is important to understand the relationship between your fixed and variable ...
How to Calculate Cost of Goods Sold - US Business Law / Taxes
Calculating Cost of goods sold for products you manufacture or sell can be complicated, depending on the number of products and the complexity of the ...
What is Cost of Goods Sold? (COGS) - US Business Law / Taxes
Cost of Goods Sold (sometimes referred to as "cost of sales" or COGS) is a figure which reflects the cost of raw materials used to produce a product to sell to ...
Determing Your Wholesale Product Pricing - Wholesalers - About.com
How to Find Your Wholesale Product's Profit Margin. ... Next, figure out how much your material costs are for each unit of product. How much does it cost, ...
Cost of Goods Sold and Business Income Taxes
Cost of goods sold is a calculation businesses use to determine cost of sales for products produced and sold by the company. Cost of goods sold involves ...
Retail Pricing Strategies - About Retailing
Now that we understand what our products actually cost, we should look at how our competition is pricing their products. Retailers will also need to examine their ...