Articles related to product costs
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 ...
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 ...
The Costs of Production - Economics - About.com
This article outlines different ways to measure the costs of production.
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 ...
Determing Your Wholesale Product Pricing - Wholesalers - About.com
Determine the General Market Price. Your first step is to determine what the potential market price is for your product. What are similar products selling on the ...
Pricing Strategy: How Much Should You Charge? - Entrepreneurs
On the other hand, if you're positioning your product as an exclusive luxury product, a price that's too low may actually hurt your image. The pricing has to be ...
Retail Pricing Strategies - Set the Right Price - Retailing - About.com
Knowing what and how to price your products can be confusing for any new retailer. We're in retailing to turn a profit and while there are many factors that affect ...
Product Costs - Arts and Crafts as a Business - About.com
Definition: Product costs are any costs that relate to manufacturing or merchandising an item for sale to customers. A common example is inventory, which ...
Manufacturing Costs - Logistics / Supply Chain - About.com
Product costs are referred to as either direct or indirect. A direct cost can easily be associated with a certain product. These will be direct labor costs and direct ...