Cost Accounting GFC52

1) three sentences with three of the words you learned.

1. why is: cost accounting importan

2. when are: products available to add

 a price

3. what are:the costs of those items

2. What are the reasons for similar products to differ in price?

R/ This difference may have some justification, since there are tariffs, transport costs, coverage against currency fluctuations.

1.

-Company positioning

-Quality

-Market segmentation

-Competition

-Value added

-identification of costs and expenses

2. Products that are similar have different prices because: "personalized pricing" is established, a practice used by some companies that follows a basic principle: the price that each customer is willing to pay for a product is charged.

-What are the aspects considered to assign a price to a product?

Value perceived by customers

market structure

Market segmentation

the competition

Company positioning

-What are the reasons for similar products to differ in price?

It is an effect of globalization, and this effect will increase.

1. What are the aspects considered to assign a price to a product?

R/. Factors such as quality, cost of production, transportation, plant and equipment expenses must be taken into account, equal wages, taxes and the fair value of the Market.

2. What are the reasons for similar products to differ in price?

R/. For quality issues, brand recognition, warranty, production and transportation costs.

1. What are the aspects considered to assign a price to a product?

market demand, competition, benefits for the company.

2. What are the reasons for similar products to differ in price?

Variation in the brands that offer the products, a lot of inventory

Luisa Guzman

1. What are the aspects considered to assign a price to a product?

-Manufacturing cost.

-Market condition.

-Cuality/price relationship.

-Competition.

-Market place.

-Brand.

2. What are the reasons for similar products to differ in price?

Prices are almost never the same in international markets. They vary due to taxes, cost structures, local market needs, currency exchange rates, tariffs, differences in competitive situations and a myriad of other reasons.

1. What are the aspects considered to assign a price to a product?

R/ The price of a product directly influences the profits of a business. This has important psychological repercussions on the consumer and must be in accordance with the value that the customer perceives. For this reason, it becomes a valuable indicator of the quality of the product, the prestige of the brand or the opportunity of the purchase.

1.Value perceived by customers,

competition,

Positioning of the company and

Market structure.

2.Changes in short-term demand, Market availability of competitive products.

Vocabulary:

 1. He is profit from sales

2. She is the costs of the product

3. Maria is losses in the income statement

loss: A loss is an excess of expenses over revenues or a decrease in value of an asset.

cost: costs are the amount invested in buying or producing something

expenses: Expenses are the costs that are not part of the purchase or production process

Luisa Guzman

1. This clothing has the shipping COST included in the price.

2.

Participation in the EXPENSES.

3. We supervise the manufacturing of all our products

1. This clothing has the shipping COST included in the price.

2.

Participation in the EXPENSES.

3. We supervise the manufacturing of all our products

Overall, Churchill's policy cost Britain around £73 million, according to one estimate

Overall, the teachers in this school are very nice

In addition, dividend distribution according to conventional accounting, does not assure that the recourses invested by stockholders keep their purchasing power up.

1. The teddy cost a lot of money

2. There were losses in the accounting cycle

3. There were additional expenses in the house for dinner.

Expenses - the expenses of the company exceeded the value of the income

Revenue - coca cola revenues had an increase in percentage reaching 9,771 million dollars

Cost - the cost for the realization of the products is high

1. Companies account for all their expenses as attributable.

2. The cost is a value of the consumption of the resources that have been necessary to be able to produce products or provide services.

3.Losses are the negative result of deducting the company's income, in a given period, all the costs and expenses accrued during the same. If the result is positive, there is benefit.

1) Expenses are related to labor

2) Costs are attributes of production

3) Are called losses when the expense exceeds the income

* Cost: the cost of the low flat in this invoice

* bills: All electronic billing must be on the date the sale was made.

* cost effectiveness: he product that gives us more profitability is pizza

1.Insolvency is the situation of not being able to pay the money owed, by a person or company.

2.The sense, direction or order contrary to the initial or normal.

3.Expenditure is the consumption of a good or service in exchange for a consideration, which is usually made effective through a monetary payment.

COST

EXPENSES

LOSSES

MANUFACTURING

PRODUCTION

PRODUCT

PURCHASE

*Cost

*Lasst

*Accounting

1. What are the aspects considered to assign a price to a product?

Value perceived by customers.

The competition.

Company positioning

market structure

Degree of differentiation of our product with respect to competitors

Market segmentation

Ethical aspect and long-term consequences.

2. What are the reasons for similar products to differ in price?

As the price of a product rises, the quantity supplied increases and the quantity demanded decreases, and vice versa. The market price will increase or decrease until the quantities supplied and demanded are equal, that is, until an "equilibrium" is reached.

1. The aspects considered to assign a price to a product is the cost, profit margin, quality of the competition and segmentation.

2. The reasons for similar products to differ in price is It is for the quality and services of the product.

What are the aspects considered to assign a price to a product?

RTA=1. Identify your costs and expenses.

2. Analyze the market.

3. Set a profit margin.

What are the reasons for similar products to differ in price?

RTA= Due to the quality of the product, its production cost is higher, due to the place where the establishment that sells it is located, due to the public that the establishment serves, due to the presentation.

1) What are the aspects considered to assign a price to a product?

R/:*Value perceived by customers

*The competition

*Company positioning

*Market structure

2) What are the reasons for similar products to differ in price?

R/:*The price

*The demand

1.

-Value perceived by customers.

-Competition.

-Positioning of the company.

-Market structure.

-Degree of differentiation of our product with respect to competitors.

-Market segmentation.

-Ethical aspect and long-term consequences.

2. As the price of a product rises, the quantity supplied increases and the quantity demanded decreases, and vice versa. The market price will increase or decrease until the quantities supplied and demanded are equal, that is, until an "equilibrium" is reached.