Cost Types 44

1.function cost: When there are distribution, selling, administration and production costs.

2.variability cost: When there are normal or abnormal costs.

3. nature cost: When there are materials, labor costs and additional expenses.

1.A marketing investigation must be done, see costs and business variables and that way you can reach the price of the product for the consumer

2.In a service company, the cost is represented by the purchase value of the basic service, plus the necessary inputs, plus the value of labor or knowledge, plus the value of other resources used in providing the service. service.

1.function cost: When there are distribution, selling, administration and production costs.

2.variability cost: When there are normal or abnormal costs.

3. nature cost: When there are materials, labor costs and additional expenses.

*variables are used to determine a cost

*distribution is very necessary and important

*If you provide a good service, you will have a good reward.

1. should be established by quality, cost and variety

2.To calculate the total variable cost, we must add all those costs that we have had in a period of time and that are related to our level of production. If we want to calculate the unit variable cost, we must divide the total variable costs and the number of units produced.

1.Do market research

.Discover the fixed and variable cost of your business

.Consider price elasticity

.Set your brand volume goals

.Manufacturer's suggested

retail price

.Decreasing and increasing

Because we can decide a price that fits well for the sale according to the cost that have been carried

2.To determine the costs of each unit of service, it is necessary to obtain the total operating cost of the departament which may or may not include general expenses and divide it between the units of service provided

1. ditribution

2. variable

3. materials

1.It is necessary for each company to establish the price of a product in the following way

identify and evaluate the product: this means that the product is aimed at who is in charge, how many are there, etc.

study the offer of competitors: this means analyzing what is the price that the competitor is currently offering

establish fixed and variable costs: it is necessary to quantify the fixed costs that must be covered month by month so that the product can be on the market.

2. The variables that are necessary to be able to determine the cost of a service are: electricity, salaries, telephones, etc.

1). To decide how much a product is going to cost, that is to say at what price it is going to sell it, a company must define the costs of the materials with which that product is manufactured and the production costs (employees to be hired, machinery, gas, electricity , water, etc.).

2). If you sell fruit in your business and your supplier increases the price of the banana, this would be considered a variable cost, since it is an expense that was not foreseen.

1.The price of the products will vary depending on whether there is a lot or little supply or demand. Being the offer, the number of sellers in the market.

2.The higher the volume of production, the higher the value of the variable costs. Variable costs are modified according to the number of units produced.

1. . How do you think companies should set the cost of a product? Why?

for Establish the price of a product, strategies must be used to look at what brand it is, the competition, brand, material, demand,... because the price must be competitive to increase sales and maintain the company.

2. Which variables do you think are key when determining the cost of a service?

determine the cost of a service.

The following variables must be taken into account:

-Define the resources you require to provide the service.

- Determines the time that will be required to provide the service and the number of hours per resource.

- Identify what those fixed costs are incurred to provide the service.

- Define what the variable expenses are.

1. is important to establish competitive prices.

2. The company must invest in good products and sales will increase.

3. The prices are set to your demand.

the direct costs are our wages as workers and the parts we need to assemble the car.

That's the variable cost because it has a lot of fluctuations.

There are some types of costs that aid in determining the product's prices.

1. The sale price can be set using the following formula: First, the cost per unit of production is determined, as follows: sum of fixed and variable costs / the estimated production of the product. Subsequently, the sale price is determined: cost per unit of production.

2. n a service company, the cost is represented by the purchase value of the basic service, plus the necessary inputs, plus the value of labor or knowledge, plus the value of other resources used in providing the service. service.

*he investment in consolidating a market involves substantial sunk costs and should not be undertaken lightly.

*Within hours of the tragedy happening, an emergency rescue team had been assembled.

*Deadlock over wage levels has prevented an agreement being reached.

The price you charge for your product or service is one of the most important business decisions you make. Setting a price that is too high or too low will - at best - limit your business growth. At worst, it could cause serious problems for your sales and cash flow.

2) A variable cost is a corporate expense that changes in proportion to how much a company produces or sells. Variable costs increase or decrease depending on a company's production or sales volume—they rise as production increases and fall as production decreases.

1 That's the variable cost because it has a lot of fluctuations.

2.The electricity that the company needs to use.

3.The direct costs are our wages as workers and the parts we need to assemble the car.

1 Well, I think that First we must start with the cost per unit of production, which is determined as follows: sum of the fixed and variable costs / the estimated production of the product. Subsequently, the sale price is determined: cost per unit of production.

2 In a service company, the cost is represented by the purchase value of the basic service, plus the necessary inputs, plus the value of labor or knowledge, plus the value of other resources used in providing the service. service.

1- the man who came to the aid of his neighbor

2- the are some types of acosts that aid in determining the product prices

3- the objetives you want to achieve