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What is cost?

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9y ago

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In the business world, the term costing describes the process of figuring out how much something is going to cost. Materials costing, then, is the process of figuring out how much materials are going to cost. Materials include such things as lumber, gravel, cement, fiberglass insulation, etc.

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Nash O'Hara

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2y ago
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9y ago

Cost is defined as the amount that is required to be paid so as to buy something. It is the asking price or a fee that is charged on a commodity or service.

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