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. Those costs include the direct and indirect costs associated with ...
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 ...
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 ...
Determing Your Wholesale Product Pricing - Product Wholesaler
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 ...
Retail Pricing Strategies - Set the Right Price - About Retailing
Setting the right price is a crucial step toward achieving that profit. Retailers are in business to make a profit, but figuring out what and how to price products may ...
How to Calculate Cost of Goods Sold - US Business Law / Taxes
Knowing the cost of the goods you sell allows you to take a larger tax deduction, so it is important to keep track of all costs related to your inventory of products.
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 ...